Abstract: HGTECH is seeking to raise at least USD100m through an A+H listing. CITIC is the sole sponsor. We look at the company's three segments: optical interconnect, intelligent sensing, and intelligent manufacturing. We discussed our preliminary thoughts on the company's fair value anchored by A-H premium.
HUAGONG TECH, HAN'S LASER TECHNOLOGY INDUSTRY, ZHEJIANG SANHUA INTELLIGENT CONTROLS, ACCELINK TECHNOLOGIES, SANHUA, ZHONGJI INNOLIGHT, EOPTOLINK TECHNOLOGY, YOFC, CIG SHANGHAI, WUXI TACLINK OPTOELECTRONICS TECHNOLOGY, Coherent, Lumentum Holdings Inc. Common Stock
Research on Hong Kong and A+H equity offerings, from the first filing to the aftermarket. Coverage includes pre-IPO early thoughts on the business and valuation, analysis of the final deal terms and cornerstone investors, and updates as new prospectus versions are filed.
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