🌟🌟🌟Another exciting IPO
$ZHOU LIU FU(06168)$ is in the pipeline as this jewelery company aims to raise HKD 1.12 billion by selling 46.8 million shares for HK D 24 per share.
Is Zhou Liu Fu (ZLF) a good company to invest in?
With over 4100 stores and a franchise driven growth model, ZLF is a mass market force in China's gold jewellery landscape. There is strong ECommerce momentum and confidence is running high.
But compare it to Laopu Gold $LAOPU GOLD(06181)$ ZLF aims squarely at the mid tier consumer while Laopu Gold is positioned as a premium heritage brand.
ZLF is like Nike while Laopu Gold is like Hermes. So both companies cater to different segments of the jewelery market.
Bottom Line - Laopu Gold is a luxury rocket ship - brilliant but possibly overvalued. Zhou Liu Fu is the grounded, scalable alternative that offers better value.
My choice - Zhou Liu Fu because I love value and building a solid foundation.
@Tiger_SG @Tiger_comments @TigerStars
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments