Asia Pac IPO & Placement Research, China biotech, Aequitas Research

Ke Yan, CFA, FRM

Asia Pac IPO & Placement Research, China biotech

IPOs and Placements coverage across Asia Pacific

Aequitas Research

We cover all listing across the Asia Pacific along with follow-up placements. As of Dec 2020, our team had covered 539 IPOs with a hit rate of 73.5% and 685 placements with a hit rate of 66.8%.

We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic coverage across new listings and placements. Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis as well.

Quantitative Analysis

<ul>
<li>We analyzed the changes in short interest of TWSE Stocks as of Jan 3rd which has an aggregated short interest worth USD21.1bn.</li>
<li>We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in Realtek Semiconductor, Wisdom Marine Lines, Wiwynn, Eva Airways, Yang Ming Marine.</li>
</ul>


We analyzed the changes in short interest of TWSE Stocks as of Jan 3rd which has an aggregated short interest worth USD21.1bn.
We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in Realtek Semiconductor, Wisdom Marine Lines, Wiwynn, Eva Airways, Yang Ming Marine.


TWSE Short Interest Weekly (Jan 3rd): Realtek Semiconductor, Wisdom Marine Lines, Wiwynn

<ul>
<li>We analyzed the changes in short interest of TWSE Stocks as of Dec 6th which has an aggregated short interest worth USD22.3bn.</li>
<li>We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in Hon Hai Precision Industry, Asia Vital Components, Elite Material, Asustek Computer.</li>
</ul>


We analyzed the changes in short interest of TWSE Stocks as of Dec 6th which has an aggregated short interest worth USD22.3bn.
We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in Hon Hai Precision Industry, Asia Vital Components, Elite Material, Asustek Computer.


TWSE Short Interest Weekly (Dec 6th): Hon Hai Precision Industry, Asia Vital Components

Managing Director, Zero One, Zero One

Vincent Fernando, CFA

Managing Director, Zero One

Zero One

Founded in 2015, Zero One produces independent investment research and provides corporate finance advisory services with a focus on both listed and private technology companies. Founder Vincent Fernando has over 20 years of experience in US and Asia capital markets.

Independent Investment Research

Equity Bottom-Up

<ul>
<li>Soft PC Results from Dell and HPQ and Delayed Industry PC Upgrades into  2025E; Dell and HPQ Shares Fall Sharply</li>
<li>Conclusion: Both Firms Confirm Relative Strength for Commercial and Weakness for Consumer; AI PCs and Windows 11 to Drive 2025E Upgrades</li>
<li>Asia PC Makers Showing Stronger Growth; However, Dell &amp; HPQ Share Rout May Weigh on Sentiment</li>
</ul>


Soft PC Results from Dell and HPQ and Delayed Industry PC Upgrades into  2025E; Dell and HPQ Shares Fall Sharply
Conclusion: Both Firms Confirm Relative Strength for Commercial and Weakness for Consumer; AI PCs and Windows 11 to Drive 2025E Upgrades
Asia PC Makers Showing Stronger Growth; However, Dell &amp; HPQ Share Rout May Weigh on Sentiment


PC Monitor: Dell & HPQ Highlight Sharp Divide Between Corporate and Consumer PC Demand; Shares Slump

Tracking developments across tech supply chains, Tech Supply Chain Tracker

Tech Supply Chain Tracker

Tracking developments across tech supply chains

<ul><li>India's PC market shows growth in 3Q24, indicating signs of recovery in the industry after a challenging period.</li><li>Taiwan's aerospace industry experiences a surge in ambitions amidst global security worries, highlighting the region's competitive edge.</li><li>Samsung makes changes in leadership with new foundry CTO appointment, signaling a strategic shift in the company's direction.</li></ul>

India's PC market shows growth in 3Q24, indicating signs of recovery in the industry after a challenging period.Taiwan's aerospace industry experiences a surge in ambitions amidst global security worries, highlighting the region's competitive edge.Samsung makes changes in leadership with new foundry CTO appointment, signaling a strategic shift in the company's direction.

Tech Supply Chain Tracker (28-Nov-2024): India PC market recovering, slight shipment growth in 3Q24.

<ul>
<li>Asustek Guides for 20%+ YoY PC Revenue Growth in 4Q24E;  Lenovo Delivers 17% YoY PC Revenue Growth in CY3Q24</li>
<li>AI PCs: A Multi-Year Upgrade Cycle with Rising Average Selling Prices; AI PCs 80% of the PC Market by 2027E</li>
<li>Maintain Structural Long View for AI PC Up-Cycle; Asustek, Acer, &amp; Lenovo Well-Positioned Through 2025E</li>
</ul>


Asustek Guides for 20%+ YoY PC Revenue Growth in 4Q24E;  Lenovo Delivers 17% YoY PC Revenue Growth in CY3Q24
AI PCs: A Multi-Year Upgrade Cycle with Rising Average Selling Prices; AI PCs 80% of the PC Market by 2027E
Maintain Structural Long View for AI PC Up-Cycle; Asustek, Acer, &amp; Lenovo Well-Positioned Through 2025E


PC Monitor: Asustek & Lenovo Signal Strong PC Growth, AI PC Expansion in Process

Taiwan

Acer Inc. manufactures and distributes semiconductor products, personal computers, computer peripherals, multimedia products, and computer software. The Company also provides maintenance and repair services to customers.  In addition, Acer Inc. operates real estate business. The Company markets its products under the Acer brand name.

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52-week Range	0.00 - 0.00
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Acer Inc (2353 TT)

TWSE Short Interest Weekly (Jan 3rd): Realtek Semiconductor, Wisdom Marine Lines, Wiwynn

We analyzed TWSE short interest report for the past week and highlighted short interest changes in Realtek Semiconductor, Wisdom Marine Lines,...

Ke Yan, CFA, FRM

TWSE Short Interest Weekly (Dec 6th): Hon Hai Precision Industry, Asia Vital Components

We analyzed TWSE short interest report for the past week and highlighted short interest changes in Hon Hai Precision Industry, Asia Vital...

Ke Yan, CFA, FRM

PC Monitor: Dell & HPQ Highlight Sharp Divide Between Corporate and Consumer PC Demand; Shares Slump

Dell and HPQ report soft PC results, with industry upgrades delayed until 2025. Commercial strength confirmed, while consumer weakness persists.

Vincent Fernando, CFA

Tech Supply Chain Tracker (28-Nov-2024): India PC market recovering, slight shipment growth in 3Q24.

India sees slight growth in PC shipments, Taiwan's aerospace sector thrives, Samsung appoints new CTO, Taiwan and Germany collaborate on AI license...

Tech Supply Chain Tracker

PC Monitor: Asustek & Lenovo Signal Strong PC Growth, AI PC Expansion in Process

Asustek, Acer, and Lenovo well-positioned for AI PC market growth, with Asus guiding for 20%+ YoY PC revenue growth in 4Q24E. AI PCs expected to...

Vincent Fernando, CFA

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

TWSE Short Interest Weekly (Jan 3rd): Realtek Semiconductor, Wisdom Marine Lines, Wiwynn

We analyzed TWSE short interest report for the past week and highlighted short interest changes in Realtek Semiconductor, Wisdom Marine Lines,...

Ke Yan, CFA, FRM

TWSE Short Interest Weekly (Dec 6th): Hon Hai Precision Industry, Asia Vital Components

We analyzed TWSE short interest report for the past week and highlighted short interest changes in Hon Hai Precision Industry, Asia Vital...

Ke Yan, CFA, FRM

PC Monitor: Dell & HPQ Highlight Sharp Divide Between Corporate and Consumer PC Demand; Shares Slump

​Dell and HPQ report soft PC results, with industry upgrades delayed until 2025. Commercial strength confirmed, while consumer weakness persists.

Vincent Fernando, CFA

Tech Supply Chain Tracker (28-Nov-2024): India PC market recovering, slight shipment growth in 3Q24.

India sees slight growth in PC shipments, Taiwan's aerospace sector thrives, Samsung appoints new CTO, Taiwan and Germany collaborate on AI license...

Tech Supply Chain Tracker

PC Monitor: Asustek & Lenovo Signal Strong PC Growth, AI PC Expansion in Process

​Asustek, Acer, and Lenovo well-positioned for AI PC market growth, with Asus guiding for 20%+ YoY PC revenue growth in 4Q24E. AI PCs expected to...

Vincent Fernando, CFA

Dell and HPQ report soft PC results, with industry upgrades delayed until 2025. Commercial strength confirmed, while consumer weakness persists.

Asustek, Acer, and Lenovo well-positioned for AI PC market growth, with Asus guiding for 20%+ YoY PC revenue growth in 4Q24E. AI PCs expected to...