Unicorn company "KK Group", which has applied for IPO in Hong Kong four times, had its prospectus invalidated again. The response is that this is a normal mechanism and the IPO is still advancing.
Unicorn company "KK Group", which has applied for IPO in Hong Kong four times, had its prospectus invalidated again. The response is that this is a normal mechanism and the IPO is still advancing.
KK Group submits a prospectus to be listed in Hong Kong for an IPO, exclusively sponsored by Morgan Stanley
On January 31, 2024, KK Group Company Holdings Limited (hereinafter referred to as “KK Group”), the actual holding company of Guangdong Express E-Commerce Co., Ltd. from Dongguan, Guangdong, submitted a prospectus on the Hong Kong Stock Exchange to be listed on the Hong Kong Main Board. This is another submission after three consecutive filing invalidations on November 4, 2021, January 20, 2023, and July 31, 2023.
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KK Group submits a prospectus for IPO listing in Hong Kong, co-endorsed by Morgan Stanley and Credit Suisse
On July 31, 2023, KK Group Company Holdings Limited (hereinafter referred to as “KK Group”), the substantive holding company of Guangdong Express E-Commerce Co., Ltd. from Dongguan, Guangdong, submitted a prospectus on the Hong Kong Stock Exchange to be IPO listed on the Hong Kong Main Board. This is another form submission after it failed two times on November 4, 2021 and January 20, 2023.
Is KK Group, whose performance is growing rapidly, “not profitable”? Let's take a look at the two core indicators
Will KK Group become “Aer Ophthalmology” in the retail sector?
In-vitro incubation, mergers and acquisitions are the style many physical enterprises choose when expanding rapidly. The most successful example is Ayr Ophthalmology. In the 10th year of the Lunar New Year, Aier Ophthalmology adopted in vitro incubation, mergers and acquisitions, and achieved rapid growth in the number of hospitals and revenue, making it a ten-fold market legend. KK Group, which is preparing to go public in Hong Kong recently, seems to have allowed the market to see the next “Aer Ophthalmology.” KK Group is an enterprise positioned as a trendy retailer. Although it is not the same track as Aer Ophthalmology, KK Group's strategic style of play is the same as Aer Ophthalmology. For example, Air Ophthalmology established private equity and
KK Group's Hong Kong stock report, “the first trendy retail stock” is on the way?
On November 4, KK Group, a trendy collection store, officially submitted a listing application to the Hong Kong Stock Exchange, seeking listing on the main board.
Is this “new retail” valued at 20 billion dollars? JD and Ali are all shareholders! The compound annual growth rate of GMV exceeds 200%
Trend retail “unicorn” KK Group recently submitted a Hong Kong stock listing application. $Morgan Stanley (MS.US) $ and Credit Suisse are its lead underwriters. According to the prospectus of one of China's top three trendy retailers, KK Group is a trendy retail enterprise targeting Gen Z. The company is based in the middle of the value chain of the trendy retail market and is mainly engaged in retail services for trendy products to downstream customers and procurement of goods from upstream suppliers. By appointing OEM and ODM contractors, the company develops its own brand products and sells them to customers in stores. (Picture source: Company prospectus) The company was founded in 2015, the year it was first established
KK Group competes to grab the “first trendy retail stock”
The new consumer circuit will soon welcome another listed company. Recently, KK Group, the “first stock in trendy retail”, officially submitted a prospectus to the Hong Kong Stock Exchange and plans to be listed on the Hong Kong Main Board for IPO. In June of this year, KK Group just completed the F++ round of financing, with a valuation of 20 billion yuan. KK Group has four major retail brands, including the exquisite lifestyle collection store brand “KKV”, the large-scale beauty collection brand “THE COLORIST Colorist”, the global trendy play collective brand “X11”, and the mini lifestyle collection brand “KK Hall”, which focuses on extreme cost performance. According to KK Group's prospectus, these four brands currently total
When KK Group goes public in Hong Kong, don't be “fooled” by the amount of losses in the prospectus
KKV's operating profit in the first half of 2021 was 140 million, and the EBITDA rate reached 23%
Why is KKV making a profit of 140 million in half a year?
Explain in detail the mystery of KK Group's 20 billion valuation: exquisite finance, excellent franchise
Explain in detail the mystery of KK Group's $20 billion valuation: Exquisite Finance, Wonderful Joining Author | At a time when “new consumption” was popular and controversial, KK Group, a new retail company in the field of trendy products, submitted a prospectus to the Hong Kong Stock Exchange. Unlike popular new retail companies such as Bubble Mart, Perfect Diary, and Mingchuang Premium, KK Group's name doesn't often appear in people's eyes. However, the company's trendy product collection store KKV, the imported goods mini store KK, the beauty trend store THE COLORIST, and the trendy play store X11 are scattered in major shopping malls in Tier 1 and 2 cities. According to the trick
KK Group submitted an IPO application to Hong Kong. What are the innovations in “trendy retail”?
With a net profit of more than 100000 a month, consider the "gold content" of KK Group's stores.
Brand incubation went from 1 to N, and KK Group, which grew the fastest, did this until
On November 4, KK Group submitted an A1 application to the Hong Kong Stock Exchange to officially begin the listing process. Being on a high-quality racetrack that capital loves, what is the company's strength really?
KK Group sprints at the Hong Kong Stock Exchange: Using DTC to operate retail stores, GMV grew 246.2% on a compound annual basis
The trendy retailer “KK Group” officially submitted a prospectus to the Hong Kong Stock Exchange on November 4 to be listed on the Main Board. Morgan Stanley and Credit Suisse acted as co-sponsors.
What is the strength of KK, which leads the new trend of retail, with an average annual compound growth rate of 246%?
Exclusive interpretation of KK Group's prospectus, will it become the first trendy retail stock?
KK Group's prospectus explains in detail: Why is it able to become the fastest growing “trendy retail” company?
KK Group has attracted the attention of young consumers and achieved leaps and bounds in development by leaps and bounds by leaps and bounds by leaps and bounds
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