APAC IPOs & Placements

Zhen Zhou, Toh

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Zhongyuan Bank   / Equity Capital Markets

<p><a href="https://www.smartkarma.com/entities/24139" target="_blank" data-smartkarma-citation="entities:24139:1">Zhongyuan Bank Co Ltd (1216 HK)</a> (Zhongyuan) is raising US$1,024mn - $1,070m from its upcoming IPO. Proceeds raised will be used to strengthen capital base to support business growth in the future.</p><div class="content-highlight">
<p><a href="https://www.smartkarma.com/profiles/9" target="_blank" data-smartkarma-citation="accounts:9">Ke Yan, CFA, FRM</a> had already done a detailed analysis on the company's background, operating ratios, and basic financial valuations compared to other Hong Kong-listed banks in <a href="https://www.smartkarma.com/insights/zhongyuan-bank-ipo-worst-npl-ratios-among-peers-tales-of-management-oversight" target="_blank" data-smartkarma-citation="insights:10473">Zhongyuan Bank IPO: Worst NPL Ratios Among Peers, Tales of Management Oversight</a>.</p>
<p><strong>He was largely negative on the company due to:</strong></p>
<ol><li>…</li></ol>
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Zhongyuan Bank Co Ltd (1216 HK) (Zhongyuan) is raising US$1,024mn - $1,070m from its upcoming IPO. Proceeds raised will be used to strengthen capital base to support business growth in the future.
Ke Yan, CFA, FRM had already done a detailed analysis on the company's background, operating ratios, and basic financial valuations compared to other Hong Kong-listed banks in Zhongyuan Bank IPO: Worst NPL Ratios Among Peers, Tales of Management Oversight.
He was largely negative on the company due to:
…


Zhongyuan Bank IPO Review - Valuation Suggests Limited Upside