Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Nearly 30 years of experience in the Korean/Asian equity research. Major sectors coverage include the following:
- Technology 
- Consumer 
- Special Situations/Deep Value Plays
- Tender Offers/M&As
- Holdcos/Stubs
- Asian Unicorns/Private Companies

Korea/Asia, Events, IPOs

Magic Empire Global: More Trick than Treat

CK Group Wants to Sell Its Stake in AMTD Group

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Equity Capital Markets

Magic Empire Global / Equity Capital Markets

<ul>
<li>Magic Empire Global (MEGL US) is the second biggest bubble in 2022, after AMTD Digital (HKD US). </li>
<li>We believe there are two major reasons for MEGL's surging share price including US retail investors' buying frenzy post AMTD Digital and the "scarcity effect" of new Chinese IPOs.</li>
<li>Sell MEGL as it makes little sense to put any of your valuable amounts of capital into this stock. The bubble has already started to burst on MEGL. </li>
</ul>


Magic Empire Global (MEGL US) is the second biggest bubble in 2022, after AMTD Digital (HKD US). 
We believe there are two major reasons for MEGL's surging share price including US retail investors' buying frenzy post AMTD Digital and the "scarcity effect" of new Chinese IPOs.
Sell MEGL as it makes little sense to put any of your valuable amounts of capital into this stock. The bubble has already started to burst on MEGL. 


Magic Empire Global: The Second Biggest Bubble in 2022