APAC IPOs & Placements, Aequitas Research

Nicholas Tan

APAC IPOs & Placements

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.

Equity Capital Markets

<ul>
<li>
<a href="https://www.smartkarma.com/entities/cig-shanghai-co-ltd" target="_blank" data-smartkarma-citation="entities:26617:1" rel="noopener">Cig Shanghai (603083 CH)</a> , telecommunications equipment company, is looking to raise up to US$594m in its upcoming Hong Kong IPO.</li>
<li>CIG was founded in 2005, and is a provider of critical infrastructure components for the development of AI.</li>
<li>We have covered various aspects of the deal in our previous note. In this note, we will talk about the demand and trading dynamics.</li>
</ul>



Cig Shanghai (603083 CH) , telecommunications equipment company, is looking to raise up to US$594m in its upcoming Hong Kong IPO.
CIG was founded in 2005, and is a provider of critical infrastructure components for the development of AI.
We have covered various aspects of the deal in our previous note. In this note, we will talk about the demand and trading dynamics.


CIG Shanghai IPO Trading: Tight Premium but Strong Insti Demand

<ul>
<li>
<a href="https://www.smartkarma.com/entities/cig-shanghai-co-ltd" target="_blank" data-smartkarma-citation="entities:26617:1" rel="noopener">Cig Shanghai (603083 CH)</a>, telecommunications equipment company, is looking to raise up to US$594m in its upcoming Hong Kong IPO.</li>
<li>It is a provider of critical infrastructure components for the development of AI.</li>
<li>In this note, we examine the IPO dynamics, and look at the firm’s valuation.</li>
</ul>



Cig Shanghai (603083 CH), telecommunications equipment company, is looking to raise up to US$594m in its upcoming Hong Kong IPO.
It is a provider of critical infrastructure components for the development of AI.
In this note, we examine the IPO dynamics, and look at the firm’s valuation.


CIG Shanghai A/H Listing: Smaller A/H Premium than Larger Peers, Expensive

<ul>
<li>
<a href="https://www.smartkarma.com/entities/cig-shanghai-co-ltd" target="_blank" data-smartkarma-citation="entities:26617:1" rel="noopener">Cig Shanghai (603083 CH)</a> making terminal equipment and high-speed optical module products for telecommunications, data communications and enterprise networks, aims to raise around US$356m in its H-share listing.</li>
<li>CIG was founded in 2005, and as per the prospectus, labels its business as a provider of critical infrastructure components for the development of AI.</li>
<li>In this note, we look at its past performance and other deal dynamics that might impact the listing.</li>
</ul>



Cig Shanghai (603083 CH) making terminal equipment and high-speed optical module products for telecommunications, data communications and enterprise networks, aims to raise around US$356m in its H-share listing.
CIG was founded in 2005, and as per the prospectus, labels its business as a provider of critical infrastructure components for the development of AI.
In this note, we look at its past performance and other deal dynamics that might impact the listing.


CIG Shanghai A/H Listing: Earnings Have Been Stagnant

Akshat Shah

<ul>
<li>
<a href="https://www.smartkarma.com/entities/cig-shanghai-co-ltd-class-h" target="_blank" data-smartkarma-citation="entities:46336:1" rel="noopener">CIG Shanghai (6166 HK)</a> is looking to raise around US$200m from a primary share placement.</li>
<li>CIG Shanghai Ltd is a provider of critical infrastructure components for the development of AI. Its portfolio includes high-speed optical transceivers, wireless and broadband access, carrier Ethernet, and edge computing.</li>
<li>In this note we talk about the deal dynamics and run the deal through our ECM framework.</li>
</ul>



CIG Shanghai (6166 HK) is looking to raise around US$200m from a primary share placement.
CIG Shanghai Ltd is a provider of critical infrastructure components for the development of AI. Its portfolio includes high-speed optical transceivers, wireless and broadband access, carrier Ethernet, and edge computing.
In this note we talk about the deal dynamics and run the deal through our ECM framework.


Aequitas: CIG Shanghai Placement - Raising Seems Very Opportunistic but Recent Momentum Is Strong

Asia Pac ECM and Index Rebal, DZT Research

Ke Yan, CFA, FRM

Asia Pac ECM and Index Rebal

Asia Pac IPO & Placement Research, China Biotech

DZT Research

DZT Research is an independent Asia Pacific equity specialist. Our quantitative research covers index rebalancing flows, alongside exchange data analytics accross Asia Pacific. On the equity capital markets side, we focus on Asia Pacific ECM, especially biotech and TMT. Our lead analyst is frequently cited by international media.

Huagong Tech Co Ltd A / Equity Capital Markets

<ul>
<li>HGTECH is seeking to raise at least USD100m through an A+H listing. CITIC is the sole sponsor.</li>
<li>We look at the company's three segments: optical interconnect, intelligent sensing, and intelligent manufacturing.</li>
<li>We discussed our preliminary thoughts on the company's fair value anchored by A-H premium.</li>
</ul>


HGTECH is seeking to raise at least USD100m through an A+H listing. CITIC is the sole sponsor.
We look at the company's three segments: optical interconnect, intelligent sensing, and intelligent manufacturing.
We discussed our preliminary thoughts on the company's fair value anchored by A-H premium.


China

CIG Shanghai Co., Ltd. operates as a communications equipment manufacturing company. The Company develops, manufactures, and sells telecom broadband terminals, wireless network equipment, and smart home gateway products. CIG Shanghai markets its products worldwide.

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Cig Shanghai (603083 CH)

CIG Shanghai IPO Trading: Tight Premium but Strong Insti Demand

CIG Shanghai, telecommunications equipment company, is looking to raise up to US$594m in its upcoming Hong Kong IPO. In this note, we will talk...

Nicholas Tan

CIG Shanghai A/H Listing: Smaller A/H Premium than Larger Peers, Expensive

CIG Shanghai, telecommunications equipment company, is looking to raise up to US$594m in its upcoming Hong Kong IPO. In this note, we examine the...

Nicholas Tan

CIG Shanghai A/H Listing: Earnings Have Been Stagnant

CIG Shanghai, making terminal equipment and high-speed optical module products for telecommunications, data communications and enterprise networks,...

Nicholas Tan

Aequitas: CIG Shanghai Placement - Raising Seems Very Opportunistic but Recent Momentum Is Strong

CIG Shanghai Ltd (6166.HK) is looking to raise around US$200m from a primary share placement. In this note we talk about the deal dynamics and run...

Akshat Shah

HGTECH A+H Pre-IPO: Early Thoughts

HGTECH is seeking to raise at least USD100m through a Hong Kong A+H. This note reviews the company's business mix, industry position, financial...

Ke Yan, CFA, FRM

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