IPOs and Catalysts/Events, Global Equity Research Ltd

Arun George

Arun has over 15 years’ experience covering the Technology sector. During this time, he has worked with technology start-ups and as an equity analyst in investment banks and independent research firms. He was formerly a Technology Analyst for Canaccord Genuity, Altium Securities, Espirito Santo Investment Bank, Noble Group and Clear Capital. He has a dual Master’s degree in Financial Engineering and Industrial and Operations Engineering from the University of Michigan. He obtained his Bachelor’s degree in Mechanical Engineering from the Indian Institute of Technology, Bombay. He is also a CFA charterholder.

IPOs and Catalysts/Events

Jiangxi Bank IPO Preview: Strong Growth Offset by Weak Asset Quality

Bank of Gansu IPO Preview: Superior Profitability, Inferior Asset Quality

Uncompromised, Independent, Conflict-Free Research

Global Equity Research Ltd

Global Equity Research was started in 2017 by a group of experienced research professionals. It was founded on a passionate belief in the importance and the need for uncompromised, independent, conflict-free research. We aim to provide differentiated and actionable primary and bottom up fundamental research.

Equity Capital Markets

Luzhou Commercial Bank Co Ltd / Equity Capital Markets

<p><a href="https://www.smartkarma.com/entities/27817" target="_blank" data-smartkarma-citation="entities:27817:1">Luzhou Commercial Bank Co Ltd (1983 HK)</a> is a Chinese state-controlled city commercial bank. Luzhou Bank has launched a Hong Kong IPO to raise net proceeds between HK$1.6 billion ($208 million) to HK$1.8 billion ($240 million).</p><div class="content-highlight"><p>Our analysis suggests that Luzhou Bank’s fundamentals are mixed as its excellent asset quality is offset by the sharp deceleration in growth in 1H18.</p></div>

Luzhou Commercial Bank Co Ltd (1983 HK) is a Chinese state-controlled city commercial bank. Luzhou Bank has launched a Hong Kong IPO to raise net proceeds between HK$1.6 billion ($208 million) to HK$1.8 billion ($240 million).Our analysis suggests that Luzhou Bank’s fundamentals are mixed as its excellent asset quality is offset by the sharp deceleration in growth in 1H18.

Luzhou Bank IPO Preview: Excellent Asset Quality Dulled by Slowing Growth