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<Research>Daiwa: GOLDWIND (02208.HK) Benefits from LandSpace's STAR Mkt IPO Application Progress
Recommend
9
Positive
14
Negative
7
GOLDWIND (02208.HK) once spiked over 17% during the intraday trading session last Friday (2nd), likely due to significant progress in the IPO of Chinese private rocket company, LandSpace, on the STAR market, Daiwa published a research report saying.

In addition, the broker expected any positive progress in LandSpace's STAR market IPO and favorable news regarding China's commercial aerospace policy to serve as further positive catalysts for GOLDWIND's share price and provide an opportunity for a valuation re-rating. Therefore, Daiwa rated GOLDWIND's H-shares at Hold.
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