China International Capital Stock Fair Value – Changxin Memory Technologies Hires CICC and CSC Financial as Sponsors for Upcoming IPO

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China International Capital ($SEHK:03908) Corp. (CICC) and CSC Financial (China Securities) have been chosen by Changxin Memory Technologies as the sponsors for their upcoming initial public offering. It provides a full range of financial services including corporate finance, investment banking, asset management, and private equity. CSC Financial is a leading Chinese investment bank and securities firm that offers services such as equity underwriting, direct placement, and listings advisory. China International Capital has a strong reputation in the Chinese market and is a trusted advisor to many of the country’s most powerful companies.

It has played a key role in some of the largest IPO transactions in China’s history, such as the listing of China Telecom and China Mobile. CSC Financial is also well-known for its strong research capabilities in the Chinese market. With the expertise and experience of these two trusted financial institutions, Changxin Memory Technologies can be sure that they will have a successful IPO launch.

Stock Price

On Monday, CHINA INTERNATIONAL CAPITAL (CICC) experienced a decline in its stock price, opening at HK$15.1 and closing at HK$14.8, representing a 2.1% decrease from its last closing price of HK$15.1. The two sponsors will be responsible for providing consultation and advisory services for the IPO. This includes providing advice on the company’s corporate structure, performing due diligence, and helping with the IPO timetable. The two sponsors bring a wealth of experience and knowledge to Changxin Memory Technologies, allowing them to successfully launch their IPO.

This is a positive development for the Chinese capital markets as it is expected to encourage more companies to list in the country. It is also a good sign for CICC and CSC Financial as they have once again demonstrated their capabilities as top-tier sponsors in China’s capital markets. Live Quote…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for China International Capital. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for China International Capital. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for China International Capital. More…

Key Ratios Snapshot

Some of the financial key ratios for China International Capital are shown below. More…

Analysis – China International Capital Stock Fair Value

GoodWhale conducted an analysis of CHINA INTERNATIONAL CAPITAL’s financials, using our proprietary Valuation Line. Based on this analysis, we determined that the fair value of CHINA INTERNATIONAL CAPITAL is around HK$16.3. Currently, CHINA INTERNATIONAL CAPITAL is trading at HK$14.8, which is a fair price that is undervalued by 9.3%. For investors looking to enter the market, now may be the optimal time to invest in CHINA INTERNATIONAL CAPITAL stock. More…

Peers

In the securities industry, firms compete for business by trying to offer the best prices and service to their clients. In this industry, there are a few large firms that dominate the market, but there are also many small firms that compete for business. The largest firms in the industry are China International Capital Corp Ltd, ABG Sundal Collier Holding ASA, Cohen & Co Inc, and GF Securities Co Ltd. These firms compete against each other to offer the best prices and service to their clients.

– ABG Sundal Collier Holding ASA ($BER:DAB)

ABG Sundal Collier Holding ASA is a holding company that provides investment banking and asset management services. The company has a market capitalization of $263.86 million and a return on equity of 38.92%. ABG Sundal Collier Holding ASA offers a range of services including mergers and acquisitions, capital markets, and corporate finance. The company is headquartered in Oslo, Norway.

– Cohen & Co Inc ($NYSEAM:COHN)

Cohen & Company Inc is a publicly traded company with a market capitalization of 15.92 million as of 2022. The company has a return on equity of -17.28%. Cohen & Company Inc is engaged in the business of providing financial and professional services to clients in the United States and internationally. The company’s services include accounting, auditing, tax, and consulting services.

– GF Securities Co Ltd ($SZSE:000776)

Guotai Junan Securities Co., Ltd. is a China-based company principally engaged in the securities business. The Company’s businesses include securities brokerage, underwriting, margin trading, futures trading, corporate finance advisory, investment advisory and other related businesses. The Company operates its businesses in domestic and overseas markets.

Summary

China International Capital Corp or CICC is an investment bank that provides comprehensive financial services for clients in China and overseas. It is one of the leading investment banks in China with a strong track record of successful deals, including M&A, IPOs, private placements and debt financings. CICC provides investors with insight and analysis on the Chinese market and economy, enabling them to make educated decisions when investing.

It also offers research products such as economic reports, industry analysis, and company research. CICC is a trusted source for investors in China, offering comprehensive services designed to help clients make informed decisions.