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Stock impact report

Reitar Logtech Seeks U.S. IPO As Results Vary [Seeking Alpha]

CHINA CONSTR BK UNSP/ADR (CICHY) 
NASDAQ:AMEX Investor Relations: ccb.com/en/newinvestor/index.html
Company Research Source: Seeking Alpha
The company provides logistics services to third-party logistics providers and aims to expand its offerings to markets in Southeast Asia. Due to extremely high valuation expectations, variable revenue, and ongoing regional and regulatory risks, my outlook on the Reitar Logtech Holdings Limited IPO is to Sell [Avoid]. Looking for more investing ideas like this one? Get them exclusively at IPO Edge. Learn More » Reitar Is Growing Unevenly From A Small Base Reitar Logtech Holdings Limited RITR ) has filed to raise $11.25 million in an IPO of its Class A ordinary shares, according to an SEC F-1 registration statement Reitar provides logistics services to third-party logistics providers to expand and operate their various assets. Given excessive IPO valuation expectations, sharply variable revenue and ongoing, high regional and regulatory risks, my outlook on the IPO is to Sell [Avoid]. What Does Reitar Do? Hong Kong, PRC-based Reitar Logtech Holdings Limited was founded t Show less Read more
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