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

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

<div><p><a href="https://www.smartkarma.com/entities/yeahka-limited" target="_blank" data-smartkarma-citation="entities:28436:1" rel="noopener">Yeahka Limited (9923 HK)</a> is a leading payment-based technology platform in China. Yeahka will commence trading on Monday, 1 June. Yeahka priced its IPO at HK$16.64, at the top-end of the indicative price range of HK$12.64-16.64 per share. Yeahka raised net proceeds of HK$1,528.1 million ($197 million).</p></div><div><div><div class="content-highlight"><p>In <a href="https://www.smartkarma.com/insights/yeahka-ipo-initiation-cashing-in" target="_blank" rel="noopener">our initiation note</a>, we stated that peeling back the benefit of market growth, Yeahka’s fundamentals offer more positives than negatives. In light of Yeahka's attractive fundamentals and the improving sentiment towards global payment peers (based on the multiple expansion), we think that the IPO price is attractive. </p></div></div></div>

Yeahka Limited (9923 HK) is a leading payment-based technology platform in China. Yeahka will commence trading on Monday, 1 June. Yeahka priced its IPO at HK$16.64, at the top-end of the indicative price range of HK$12.64-16.64 per share. Yeahka raised net proceeds of HK$1,528.1 million ($197 million).In our initiation note, we stated that peeling back the benefit of market growth, Yeahka’s fundamentals offer more positives than negatives. In light of Yeahka's attractive fundamentals and the improving sentiment towards global payment peers (based on the multiple expansion), we think that the IPO price is attractive. 

Yeahka Limited

Yeahka IPO: Trading Debut