The business community is cautiously positive about Nordic Asia's IPO

2021-11-26Nordic Asia
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Chinese stocks haven't been in the limelight in 2021. Maybe this will turn out to be a buying opportunity? Anyone who believes in such a thing can consider subscribing to the listed investment company Nordic Asia. This is what Affärsvärlden writes in an analysis on Friday.

The newspaper finds a warning flag in the offer as part of its review of new introductions. It is about insufficient information in the prospectus about the key persons' track record for investments in Chinese companies.

"Chinese stocks have good key figures. Investing in someone who knows how to maneuver around the political risks lurking in China is attractive. Whether this is Nordic Asia is hard to say. They don't have a track record we can trust anyway. On the other hand, the investment idea is clear and distinguishes the company from the Kinafonder Swedish investors are otherwise referred to and which are most reminiscent of indexes with their mandatory top trio TSCM, Tencent and Alibaba. The business world is cautiously positive about Nordic Asia and believes that anyone interested in China can invest ", the newspaper writes in its conclusion.

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