My personal thoughts are that the price action of $Altimeter...
My personal thoughts are that the price action of $Altimeter Growth Corp (AGC.US)$/ $Grab Holdings (GRAB.US)$ will be driven less by valuation/fundamental metrics and more by the intangibles. The emerging SEA market and its hot potential is very desirable for investors now, especially as a safer alternative to volatile China stocks. With few pure play ways available to invest there, AGC/Grab will certainly be a premium must have buy if not for its name recognition alone. After the merge I think the company will get a 9-12 month honeymoon show-me period before valuation metrics take the wheel and begin driving the share price.
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搞经济 抄底 加仓 : Indeed well said
Main Force : As how it stands, Grab's valuation is just insane right now. Hence the upward pressure is rather limited.