Is GigaCloud the next AMTD? Gi

2022-08-19

Is GigaCloud the next AMTD?

GigaCloud Technology $GigaCloud Technology Inc(GCT)$traded for the first time opening at $19.20 after pricing 2.94 million Class A ordinary shares at IPO price of $12.25. The stock reached a high of $21.22, before sliding to alow of $12.51. The stock closed at $15.69 but has since gained about 16% in after hours, at $18.20.

Based in Hong Kong, GigaCloud provides e-commerce solutions for the discovery, payment and shipping of large merchandise such as furniture and appliances. The company connects manufacturers based primarily in Asia with online resellers in Asia, the US and Europe.

Total outstanding shares is 30.43 million, compared to the 2.94 million available shares. Will this become the next AMTD $AMTD Digital Inc.(HKD)$ that managed to surge to $2,500 at one point before crashing back down to earth?

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

小辉goPro
2022-08-20
小辉goPro
let's invester high for short term [Cool]
- nezS_nreV:
  [Strong]
Vikedios
2022-08-20
Vikedios
like that also can?
- weijie123:
  Help like and comment
TCC1970
2022-08-20
TCC1970
Very speculative.
Dionysius
2022-08-20
Dionysius
well, it eas
lowmy
2022-08-21
lowmy
that's interesting
kassem banat
2022-08-21
kassem banat
So enterested

Leave a comment

832

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","text":"Very speculative. ","html":"Very speculative. ","likeSize":3,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":103506631,"commentId":"103506631","gmtCreate":1660962432122,"gmtModify":1663256894746,"authorId":3566858882239289,"author":{"id":3566858882239289,"idStr":"3566858882239289","authorId":3566858882239289,"name":"Dionysius","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/a3dee1aa3a3a3c1814833a4d3f8a5669","crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9991700187,"objectIdStr":"9991700187","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"well, it eas","text":"well, it eas","html":"well, it eas","likeSize":3,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":103517536,"commentId":"103517536","gmtCreate":1661040059302,"gmtModify":1663256935834,"authorId":4119580313188952,"author":{"id":4119580313188952,"idStr":"4119580313188952","authorId":4119580313188952,"name":"lowmy","avatar":"https://community-static.tradeup.com/news/345f98dd7282a0e36140fa9086542ee8","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9991700187,"objectIdStr":"9991700187","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"that's interesting","text":"that's interesting","html":"that's interesting","likeSize":2,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0},{"id":103516429,"commentId":"103516429","gmtCreate":1661021876072,"gmtModify":1663257031332,"authorId":4123864800824072,"author":{"id":4123864800824072,"idStr":"4123864800824072","authorId":4123864800824072,"name":"kassem banat","avatar":"https://community-static.tradeup.com/news/6bf267211782cb7aad56bf51753ddacd","vip":1,"crmLevel":1,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9991700187,"objectIdStr":"9991700187","type":1,"supId":0,"supIdStr":"0","prevId":0,"prevIdStr":"0","content":"So enterested","text":"So enterested","html":"So enterested","likeSize":2,"commentSize":0,"subComments":[],"verified":10,"allocateAmount":0,"commentType":"valid","coins":0,"score":0}],"isCommentEnd":false,"isTiger":false,"isWeiXinMini":false,"url":"/m/post/9991700187"}