APAC IPOs & Placements, Aequitas Research

Hong Jie Seow

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

EACON Group Co., Ltd / Equity Capital Markets

<ul>
<li>
<a href="https://www.smartkarma.com/entities/eacon-group-co-ltd" target="_blank" data-smartkarma-citation="entities:45411:1" rel="noopener">EACON Group Co., Ltd (1868613D CH)</a> raised around US$293m in its Hong Kong IPO.</li>
<li>EACON designs, develops, and integrates the core intelligent components, such as autonomous driving software, domain controllers, and drive-by-wire platforms.</li>
<li>We have looked at the company’s background and pricing in our earlier note, in this note we talk about the trading dynamics.</li>
</ul>



EACON Group Co., Ltd (1868613D CH) raised around US$293m in its Hong Kong IPO.
EACON designs, develops, and integrates the core intelligent components, such as autonomous driving software, domain controllers, and drive-by-wire platforms.
We have looked at the company’s background and pricing in our earlier note, in this note we talk about the trading dynamics.


Aequitas: EACON Group IPO Trading - Ok-Ish Retail And Insti Demand, Still Expensive

<ul>
<li>
<a href="https://www.smartkarma.com/entities/eacon-group-co-ltd" target="_blank" data-smartkarma-citation="entities:45411:1" rel="noopener">EACON Group Co., Ltd (1868613D CH)</a> is looking to raise around US$293m in its upcoming Hong Kong IPO.</li>
<li>EACON designs, develops, and integrates the core intelligent components, such as autonomous driving software, domain controllers, and drive-by-wire platforms. </li>
<li>In this note, we talk about the company's past performance, peer comparison and valuations.</li>
</ul>



EACON Group Co., Ltd (1868613D CH) is looking to raise around US$293m in its upcoming Hong Kong IPO.
EACON designs, develops, and integrates the core intelligent components, such as autonomous driving software, domain controllers, and drive-by-wire platforms. 
In this note, we talk about the company's past performance, peer comparison and valuations.


Aequitas: EACON Group IPO - Not The Cheapest Market Leader

Global Healthcare Analyst

Tina Banerjee

<ul>
<li>Eacon Group launched its Hongkong IPO aiming to raise up to HK$2.3B (~ US$ 293M). They focus on the commercial deployment of autonomous driving solutions in the mining industry.</li>
<li>Eacon Group intends to use the IPO proceeds for research &amp; development, IT infrastructure development, overseas business expansion, strategic alliance/acquisition and working capital.</li>
<li>The medium-term outlook for Eacon Group looks bright. We would recommend investors with to consider the name, given its potential.</li>
</ul>


Eacon Group launched its Hongkong IPO aiming to raise up to HK$2.3B (~ US$ 293M). They focus on the commercial deployment of autonomous driving solutions in the mining industry.
Eacon Group intends to use the IPO proceeds for research &amp; development, IT infrastructure development, overseas business expansion, strategic alliance/acquisition and working capital.
The medium-term outlook for Eacon Group looks bright. We would recommend investors with to consider the name, given its potential.


Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of Research, IPOs & Placements

<ul>
<li>Aequitas Research's weekly update on the IPOs, placements, lockup expiry and other ECM linked events that were covered by the team over the past week.</li>
<li>On the IPO front, a lot of the listing last week didn't end up doing much.</li>
<li>There are quite a few lockup expiries coming up, while there were a number of placements as well over the past week.</li>
</ul>


Aequitas Research's weekly update on the IPOs, placements, lockup expiry and other ECM linked events that were covered by the team over the past week.
On the IPO front, a lot of the listing last week didn't end up doing much.
There are quite a few lockup expiries coming up, while there were a number of placements as well over the past week.


Aequitas ECM Weekly (13 July 2026)-SK Hynix, Zhipu, Corex, Biren, Gigadevice, Archion, SBI

<ul>
<li>Aequitas Research's weekly update on the IPOs, placements, lockup expiry and other ECM linked events that were covered by the team over the past week.</li>
<li>On the IPO front, the mid-year listing frenzy is likely to cool down a bit in Hong Kong as company's look to refile their 1H results before launching.</li>
<li>There are quite a few lockup expiries coming up, while there were a number of placements as well over the past week.</li>
</ul>


Aequitas Research's weekly update on the IPOs, placements, lockup expiry and other ECM linked events that were covered by the team over the past week.
On the IPO front, the mid-year listing frenzy is likely to cool down a bit in Hong Kong as company's look to refile their 1H results before launching.
There are quite a few lockup expiries coming up, while there were a number of placements as well over the past week.


Aequitas ECM Weekly (6 July 2026)-SK Hynix, Luxshare, Three-Circles, Nexchip, Minimax, Dtech, Biren

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EACON Group Co., Ltd (1868613D CH)

Aequitas: EACON Group IPO Trading - Ok-Ish Retail And Insti Demand, Still Expensive

EACON Group Co., Ltd raised $293m in Hong Kong IPO, specializing in autonomous driving software and intelligent components. Trading dynamics...

Hong Jie Seow

Aequitas: EACON Group IPO - Not The Cheapest Market Leader

EACON Group Co., Ltd is set to raise $293m in Hong Kong IPO, specializing in autonomous driving software and intelligent components. Analysis...

Hong Jie Seow

Eacon Group IPO: Worth Mining For Value

Eacon Group launches HK IPO to raise funds for autonomous driving solutions in mining. We recommend investors with a medium-term investment...

Tina Banerjee

Aequitas ECM Weekly (13 July 2026)-SK Hynix, Zhipu, Corex, Biren, Gigadevice, Archion, SBI

Aequitas Research's weekly update on the IPOs, placements, lockup expiry and other ECM linked events that were covered by the team over the past week.

Sumeet Singh

Aequitas ECM Weekly (6 July 2026)-SK Hynix, Luxshare, Three-Circles, Nexchip, Minimax, Dtech, Biren

Aequitas Research's weekly update on the IPOs, placements, lockup expiry and other ECM linked events that were covered by the team over the past week.

Sumeet Singh

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Aequitas: EACON Group IPO Trading - Ok-Ish Retail And Insti Demand, Still Expensive

​EACON Group Co., Ltd raised $293m in Hong Kong IPO, specializing in autonomous driving software and intelligent components. Trading dynamics...

Hong Jie Seow

Aequitas: EACON Group IPO - Not The Cheapest Market Leader

​EACON Group Co., Ltd is set to raise $293m in Hong Kong IPO, specializing in autonomous driving software and intelligent components. Analysis...

Hong Jie Seow

Eacon Group IPO: Worth Mining For Value

​Eacon Group launches HK IPO to raise funds for autonomous driving solutions in mining. We recommend investors with a medium-term investment...

Tina Banerjee

Aequitas ECM Weekly (13 July 2026)-SK Hynix, Zhipu, Corex, Biren, Gigadevice, Archion, SBI

Aequitas Research's weekly update on the IPOs, placements, lockup expiry and other ECM linked events that were covered by the team over the past week.

Sumeet Singh

Aequitas ECM Weekly (6 July 2026)-SK Hynix, Luxshare, Three-Circles, Nexchip, Minimax, Dtech, Biren

Aequitas Research's weekly update on the IPOs, placements, lockup expiry and other ECM linked events that were covered by the team over the past week.

Sumeet Singh

EACON Group Co., Ltd raised $293m in Hong Kong IPO, specializing in autonomous driving software and intelligent components. Trading dynamics...

EACON Group Co., Ltd is set to raise $293m in Hong Kong IPO, specializing in autonomous driving software and intelligent components. Analysis...

Eacon Group launches HK IPO to raise funds for autonomous driving solutions in mining. We recommend investors with a medium-term investment...