Asia Pac ECM and Index Rebal, Shenton 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.

Equity Capital Markets

Luxshare Precision Industry / Equity Capital Markets

<ul>
<li>Luxshare Precision, a consumer electronics precision components and EMS manufacturer, launched its IPO to raise USD 3,119m through an A+H listing. CITIC, GS, and CICC are joint sponsors.</li>
<li>In this note, we look at the deal terms and provide our thoughts on valuation for the company.</li>
<li>We analyze reference A+H deals, cornerstone and sponsor performance and assess the risk-reward of the deal.</li>
</ul>


Luxshare Precision, a consumer electronics precision components and EMS manufacturer, launched its IPO to raise USD 3,119m through an A+H listing. CITIC, GS, and CICC are joint sponsors.
In this note, we look at the deal terms and provide our thoughts on valuation for the company.
We analyze reference A+H deals, cornerstone and sponsor performance and assess the risk-reward of the deal.


Luxshare Precision (立讯精密) A+H IPO: Analysis of Deal Terms

Guangdong Dtech Technology / Equity Capital Markets

<ul>
<li>Guangdong Dtech Technology passed hearing for an A+H listing. CITIC and HSBC are the sponsors.</li>
<li>We look at the company's core segments: precision cutting tools and grinding and polishing materials.</li>
<li>We discussed our preliminary thoughts on the company's fair value based on A-H premium.</li>
</ul>


Guangdong Dtech Technology passed hearing for an A+H listing. CITIC and HSBC are the sponsors.
We look at the company's core segments: precision cutting tools and grinding and polishing materials.
We discussed our preliminary thoughts on the company's fair value based on A-H premium.


Guangdong Dtech Technology (鼎泰高科) A+H Pre-IPO: Early Thoughts

Wus Printed Circuit (Kunshan) Co,Ltd. / Equity Capital Markets

Wus Printed Circuit (Kunshan) Co,Ltd. (002463 CH)

<ul>
<li>WUS Printed Circuit is seeking an A+H listing. CICC and HSBC are the sponsors.</li>
<li>We look at the company's core segments: data communications and smart vehicles.</li>
<li>We discussed our preliminary thoughts on the company's fair value based on A-H premium.</li>
</ul>


WUS Printed Circuit is seeking an A+H listing. CICC and HSBC are the sponsors.
We look at the company's core segments: data communications and smart vehicles.
We discussed our preliminary thoughts on the company's fair value based on A-H premium.


WUS Printed Circuit (沪电股份) A+H Pre-IPO: Early Thoughts

Circuit Fabology Microelectronics Equipment / Equity Capital Markets

Circuit Fabology Microelectronics Equipment (9630 HK)

Circuit Fabology Microelectronics Equipment

<ul>
<li>Circuit Fabology has passed its A+H listing hearing. CICC is the sole sponsor.</li>
<li>We look at the company's core segments: PCB direct imaging equipment and semiconductor direct-writing lithography equipment.</li>
<li>We discussed our preliminary thoughts on the company's fair value based on A-H premium.</li>
</ul>


Circuit Fabology has passed its A+H listing hearing. CICC is the sole sponsor.
We look at the company's core segments: PCB direct imaging equipment and semiconductor direct-writing lithography equipment.
We discussed our preliminary thoughts on the company's fair value based on A-H premium.


Circuit Fabology (芯碁微装) A+H Pre-IPO: Early Thoughts

<ul>
<li>Lingyi iTech is seeking an A+H listing and has passed hearing. GTJA is the sole sponsor.</li>
<li>We look at the company's core segments: electronic devices and automotive and advanced air mobility.</li>
<li>We discussed our preliminary thoughts on the company's fair value based on A-H premium.</li>
</ul>


Lingyi iTech is seeking an A+H listing and has passed hearing. GTJA is the sole sponsor.
We look at the company's core segments: electronic devices and automotive and advanced air mobility.
We discussed our preliminary thoughts on the company's fair value based on A-H premium.


Lingyi ITech (领益智造) A+H Pre-IPO: Early Thoughts

China

Delton Technology (Guangzhou) Inc. manufactures and distributes printed circuit board products. The Company produces high speed server boards, large data memory circuit boards, high frequency mixing boards, security circuit boards, and more. Delton Technology (Guangzhou) provides its products for communications, automotive electronics, medical, and other areas.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Delton Technology Guangzhou (001389 CH)

Luxshare Precision (立讯精密) A+H IPO: Analysis of Deal Terms

We analyze Luxshare Precision's USD 3,119m Hong Kong IPO. We would participate given its strong cornerstone lineup, though the 10% A-H premium...

Ke Yan, CFA, FRM

Guangdong Dtech Technology (鼎泰高科) A+H Pre-IPO: Early Thoughts

Guangdong Dtech Technology is seeking an A+H listing and passed hearing. In this note, we look at the company's business, its industry context and...

Ke Yan, CFA, FRM

WUS Printed Circuit (沪电股份) A+H Pre-IPO: Early Thoughts

WUS Printed Circuit is seeking an A+H listing. In this note, we look at the company's business, its industry context and provide our early thought...

Ke Yan, CFA, FRM

Circuit Fabology (芯碁微装) A+H Pre-IPO: Early Thoughts

Circuit Fabology has passed its A+H listing hearing. In this note, we look at the company's business, its industry context and provide our early...

Ke Yan, CFA, FRM

Lingyi ITech (领益智造) A+H Pre-IPO: Early Thoughts

Lingyi iTech is seeking an A+H listing. In this note, we look at the company's business, its industry context and provide our early thought on...

Ke Yan, CFA, FRM

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)