Atour Lifestyle: Recent Corporate Developments In The Limelight

The Value Pendulum
Investing Group Leader

Summary

  • There are both positives and negatives for Atour Lifestyle Holdings Limited associated with the departure of former co-CFO Rui Zhao and the appointment of new co-CFO Jianfeng Wu for ATAT.
  • I have a mixed opinion of the recently disclosed secondary ADS offering for Atour Lifestyle.
  • I have decided to stick with a Hold rating for Atour after evaluating recent corporate developments.
  • Looking for more investing ideas like this one? Get them exclusively at Asia Value & Moat Stocks. Learn More »

Hotel attendant with luggage in lobby.

Dimensions

Elevator Pitch

I continue to rate Atour Lifestyle Holdings Limited (NASDAQ:ATAT) stock as a Hold. I previously published an initiation article for ATAT on January 19, 2023, referring to Atour Lifestyle as "a play on a rise in the

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This article was written by

The Value Pendulum
12.78K Followers

The Value Pendulum is an Asian equity market specialist with over a decade of experience on both the buy and sell sides.

He is the author of the investing group Asia Value & Moat Stocks, providing ideas for value investors seeking investment opportunities listed in Asia, with a particular focus on the Hong Kong market. He hunts for deep value balance sheet bargains and wide moat stocks and provides a range of watch lists with monthly updates within his investing group.

Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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