The local IPO market is gradually recovering

The local IPO market Hong Kong’s IPO market has begun to recover in the second half of the year. Several mainland travel stocks are waiting to  listed on the Hong Kong Stock Exchange. In addition, many well-known companies have applied. For listing and submitted preliminary prospectuses to the Hong Kong Stock Exchange. Holdings, Asia’s largest express delivery company, Hezhong New Energy Vehicles. Which produces and sells the new energy vehicle “Nezha”, and Midea Group, a home appliance company. SHEIN, a fashion e-commerce company, reportedly does not rule out listing in Hong Kong.

Mainland shared travel stock Dida Travel (02559) was listed in Hong Kong on June 28. The performance was affected by market conditions and the stock price did not meet expectations. However, many travel stocks are also applying for listing, including Ruqi Travel, Caocao Travel, etc.

These include SF Express

According to the preliminary prospectus of Ruqi Travel, the preliminary prospectus of Ruqi Travel shows that the revenue in 2021, 2022 and 2023 will be 1.013 billion yuan (RMB‧the same below), 1.368 billion yuan and 2.161 billion yuan Asia Mobile Number List respectively; adjusted net loss They were 669 million yuan, 531 million yuan, and 541 million yuan respectively. Caocao Travel’s revenue from 2021 to 2023 was 6.887 billion yuan, 7.467 billion yuan and 10.3 billion yuan respectively, and its adjusted losses were 2.959 billion yuan, 1.651 billion yuan and 966 million yuan.

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However other companies have

Competition in the mainland’s online ride-hailing or ride-hailing industry is fierce, and profits may not be impressive.  good profits and dividends, such as SF Holding, the world’s fourth largest and Asia’s largest express delivery company, which is jointly Indonesia Phone Number List sponsored by Goldman Sachs, JPMorgan Chase and Huatai International. According to non-international standards, the profit before interest, taxes, depreciation and amortization in 2023 was 29.44 billion yuan, an increase of 1.6% year-on-year, and the profit before interest, taxes, depreciation and amortization in 2022 was 28.99 billion yuan, an increase of 33.1%.In terms of revenue, SF Express’s revenue in 2023 is 258.41 billion yuan, a decrease of 3.4% from 267.49 billion yuan in 2022. Revenue in 2022 is 29.1% higher than 207.19 billion yuan in 2011.

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