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 foreign holdings of TWSE Stocks as of Oct 10th. The aggregated holding was USD1,381.0bn.</li>
<li>We estimate that foreign flows to be outflows of USD139mln. We tabulate the league tables for top changes by value for 1W/4W/1Y and top stocks held by foreign institutions.</li>
<li>We highlight changes of foreign holdings in TSMC, Delta Electronics, China Development Financial, Quanta Computer, Hon Hai Precision, China Development Financial, Quanta Computer, TSMC, Delta Electronics, Hon Hai Precision.</li>
</ul>


We analyzed the changes in foreign holdings of TWSE Stocks as of Oct 10th. The aggregated holding was USD1,381.0bn.
We estimate that foreign flows to be outflows of USD139mln. We tabulate the league tables for top changes by value for 1W/4W/1Y and top stocks held by foreign institutions.
We highlight changes of foreign holdings in TSMC, Delta Electronics, China Development Financial, Quanta Computer, Hon Hai Precision, China Development Financial, Quanta Computer, TSMC, Delta Electronics, Hon Hai Precision.


TWSE Foreign Holding Weekly (Oct 10th): TSMC, Delta Electronics, China Development Financial

<ul>
<li>We analyzed the changes in short interest of TWSE Stocks as of Oct 10th. The aggregated short interest was USD27.2bn.</li>
<li>We tabulate league tables 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 Accton Technology, Yageo, Lite-On Technology, Winbond Electronics, King Slide Works, Accton Technology, Yageo, Lite-On Technology, Winbond Electronics, King Slide Works.</li>
</ul>


We analyzed the changes in short interest of TWSE Stocks as of Oct 10th. The aggregated short interest was USD27.2bn.
We tabulate league tables 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 Accton Technology, Yageo, Lite-On Technology, Winbond Electronics, King Slide Works, Accton Technology, Yageo, Lite-On Technology, Winbond Electronics, King Slide Works.


TWSE Short Interest Weekly (Oct 10th): Accton Technology, Yageo, Lite-On Technology

Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of Research, IPOs & Placements

Equity Capital Markets

InnoScience Suzhou Technology / Equity Capital Markets

<ul>
<li>
<a href="https://www.smartkarma.com/entities/innoscience-suzhou-technology" target="_blank" data-smartkarma-citation="entities:44185:1" rel="noopener">InnoScience Suzhou Technology (2577 HK)</a> aims to raise around US$200m in its Hong Kong placement.</li>
<li>Innoscience was only listed in Dec 2024 and it undertook another primary raising in July 2025, the lockup for which has yet to expire.</li>
<li>In this note, we will talk about the placement and run the deal through our ECM framework.</li>
</ul>



InnoScience Suzhou Technology (2577 HK) aims to raise around US$200m in its Hong Kong placement.
Innoscience was only listed in Dec 2024 and it undertook another primary raising in July 2025, the lockup for which has yet to expire.
In this note, we will talk about the placement and run the deal through our ECM framework.


Innoscience Suzhou Tech Placement - Selling Ahead of Lockup Expiry, Relatively Small

<ul>
<li>We analyzed the changes in foreign holdings of TWSE Stocks as of Oct 3rd. The aggregated holding was USD1,352.5bn.</li>
<li>We estimate that foreign flows to be inflows of USD1,460mln. We tabulate the league tables for top changes by value for 1W/4W/1Y and top stocks held by foreign institutions.</li>
<li>We highlight changes of foreign holdings in TSMC, MediaTek, Hon Hai Precision, Quanta Computer, Wistron, TSMC, Hon Hai Precision, Quanta Computer, Wistron, Mediatek.</li>
</ul>


We analyzed the changes in foreign holdings of TWSE Stocks as of Oct 3rd. The aggregated holding was USD1,352.5bn.
We estimate that foreign flows to be inflows of USD1,460mln. We tabulate the league tables for top changes by value for 1W/4W/1Y and top stocks held by foreign institutions.
We highlight changes of foreign holdings in TSMC, MediaTek, Hon Hai Precision, Quanta Computer, Wistron, TSMC, Hon Hai Precision, Quanta Computer, Wistron, Mediatek.


TWSE Foreign Holding Weekly (Oct 3rd): TSMC, MediaTek, Hon Hai Precision, Quanta Computer, Wistron

<ul>
<li>We analyzed the changes in short interest of TWSE Stocks as of Oct 3rd. The aggregated short interest was USD26.6bn.</li>
<li>We tabulate league tables 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 Lite-On Technology, Elite Material, Zhen Ding Technology, Alchip Technologies, Sinopac Financial, Lite-On Technology, Elite Material, Zhen Ding Technology, Alchip Technologies, Sinopac Financial.</li>
</ul>


We analyzed the changes in short interest of TWSE Stocks as of Oct 3rd. The aggregated short interest was USD26.6bn.
We tabulate league tables 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 Lite-On Technology, Elite Material, Zhen Ding Technology, Alchip Technologies, Sinopac Financial, Lite-On Technology, Elite Material, Zhen Ding Technology, Alchip Technologies, Sinopac Financial.


TWSE Short Interest Weekly (Oct 3rd): Lite-On Technology, Elite Material, Zhen Ding Technology

Taiwan

Hon Hai Precision Industry Co., Ltd. provides electronic manufacturing services for computers, communications, and consumer electronic products.  The Company's business operations include desktop and notebook PC assembly, connector production, cable assembly, PCB assembly, handset manufacturing, networking equipment, and other consumer electronic devices manufacturing.

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Hon Hai Precision Industry (2317 TT)

TWSE Foreign Holding Weekly (Oct 10th): TSMC, Delta Electronics, China Development Financial

We analyzed TWSE foreign holding data for the past week and highlighted foreign holding changes in TSMC (2330 TT), Delta Electronics (2308 TT),...

Ke Yan, CFA, FRM

TWSE Short Interest Weekly (Oct 10th): Accton Technology, Yageo, Lite-On Technology

We analyzed TWSE short interest report for the past week and highlighted short interest changes in Accton Technology (2345 TT), Yageo (2327 TT),...

Ke Yan, CFA, FRM

Innoscience Suzhou Tech Placement - Selling Ahead of Lockup Expiry, Relatively Small

InnoScience Suzhou Technology (2577 HK) aims to raise around US$200m in its Hong Kong placement. In this note, we talk about the deal dynamics and...

Sumeet Singh

TWSE Foreign Holding Weekly (Oct 3rd): TSMC, MediaTek, Hon Hai Precision, Quanta Computer, Wistron

We analyzed TWSE foreign holding data for the past week and highlighted foreign holding changes in TSMC (2330 TT), MediaTek (2454 TT), Hon Hai...

Ke Yan, CFA, FRM

TWSE Short Interest Weekly (Oct 3rd): Lite-On Technology, Elite Material, Zhen Ding Technology

We analyzed TWSE short interest report for the past week and highlighted short interest changes in Lite-On Technology (2301 TT), Elite Material...

Ke Yan, CFA, FRM

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52-week Range

Market Cap (USDm)

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