ECM Weekly (30 June 2025) - FWD, Anjoy, IFBH, HDB Financials, Virgin, Xero, Shinhan, Innovent
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.
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Eternal Beauty IPO Trading - Weak Demand, Close to Fair Value
Eternal Beauty Holdings raised around US$125m in its Hong Kong IPO after pricing its IPO near the low-end. In this note, we talk about the trading...
581 Views
ECM Weekly (23 June 2025) - Foshan Haitian, Sanhua, Anjoy, Sany, CaoCao, Eternal, Zhou Liu, HDB Fin
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.
585 Views
Eternal Beauty IPO - Not Expensive but Its Not Enticing Either
Eternal Beauty Holdings Limited is looking to raise around US$144m in its Hong Kong IPO. We have looked at the past performance in our earlier...
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Pre-IPO Eternal Beauty Holdings (PHIP Updates) - The Outlook Has Changed
Luxury groups' direct involvement in beauty/fragrance management is the trend, leading to the loss of suppliers of Eternal Beauty.Low profit...
521 Views