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

Pair Trade Setups of Korean Holdcos & Opcos

Hyundai Heavy Industries IPO Valuation Analysis

Orion Corp - Surging OP Growth in China, Vietnam, & Russia

Orion Corp - The Fat Pitch for Value Investors (Part II)

Share Swap & Tender Offer Analysis of Orion Holdings and Orion Corp

Equity Bottom-Up

In this insight, we make the case of why Orion Corp should list its shares in the HK Stock Exchange. We also compare the steep valuations of Orion Corp versus the recently listed <a href="https://www.smartkarma.com/entities/nongfu-spring" target="_blank" data-smartkarma-citation="entities:28955:1" rel="noopener">Nongfu Spring (9633 HK)</a> and other major F&amp;B stocks in China.
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There are three major reasons why the company should its shares in the HK Stock Exchange:
<ul>
<li>
First, a listing of the Orion Corp shares would raise the visibility of Orion Corp much more among both the institutional and retail investors that closely follow the Chinese stock markets.</li>
<li>
Second, because nearly two-thirds of the company's revenues and operating profit are generated in China, Vietnam, and Russia right now, one could make a strong case of why the company should be listed on the HK Stock Exchange.</li>
<li>
Third, there has been a great demand for high quality, China-related F&amp;B stocks as evidenced by the recent smashing IPO of <a href="https://www.smartkarma.com/entities/nongfu-spring" target="_blank" data-smartkarma-citation="entities:28955:1" rel="noopener">Nongfu Spring (9633 HK)</a>. </li>
</ul>
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In this insight, we make the case of why Orion Corp should list its shares in the HK Stock Exchange. We also compare the steep valuations of Orion Corp versus the recently listed Nongfu Spring (9633 HK) and other major F&amp;B stocks in China.

There are three major reasons why the company should its shares in the HK Stock Exchange:


First, a listing of the Orion Corp shares would raise the visibility of Orion Corp much more among both the institutional and retail investors that closely follow the Chinese stock markets.

Second, because nearly two-thirds of the company's revenues and operating profit are generated in China, Vietnam, and Russia right now, one could make a strong case of why the company should be listed on the HK Stock Exchange.

Third, there has been a great demand for high quality, China-related F&amp;B stocks as evidenced by the recent smashing IPO of Nongfu Spring (9633 HK). 



Orion Corp - Time To List Its Shares In HK Stock Exchange? & A Comparison to Nongfu Spring