APAC IPOs & Placements

Zhen Zhou, Toh

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

JS Global Lifestyle   / Equity Capital Markets

<div><p><a href="https://www.smartkarma.com/entities/js-global-lifestyle" target="_blank" data-smartkarma-citation="entities:28155:1" rel="noopener">JS Global Lifestyle (1691 HK)</a> is looking to raise up to US$462m in its Hong Kong IPO. We covered the IPO in:</p></div><div><ul>
<li>
<a href="https://www.smartkarma.com/insights/js-global-lifestyle-js-early-thoughts-declaring-us-470m-dividend-before-ipo" target="_blank" data-smartkarma-citation="insights:30871" rel="noopener">JS Global (JS 环球生活) Early Thoughts - Declaring US$470m Dividend Before IPO</a> </li>
<li>
<a href="https://www.smartkarma.com/insights/js-global-lifestyle-js-quick-note-questions-about-corporate-structure-and-reorganization" target="_blank" data-smartkarma-citation="insights:30952" rel="noopener">JS Global (JS 环球生活) Quick Note - Questions About Corporate Structure and Reorganization</a> </li>
<li>
<a href="https://www.smartkarma.com/insights/js-global-lifestyle-js-pre-ipo-review-sometimes-two-negatives-don-t-make-a-positive" target="_blank" data-smartkarma-citation="insights:32701" rel="noopener">JS Global (JS 环球生活) Pre-IPO Review - Sometimes, Two Negatives Don't Make a Positive</a> </li>
<li>
<a href="https://www.smartkarma.com/insights/js-global-js-phip-updates-thoughts-on-valuation-paid-a-premium-for-a-good-brand" target="_blank" data-smartkarma-citation="insights:32870" rel="noopener">JS Global (JS 环球生活) PHIP Updates &amp; Thoughts on Valuation - Paid a Premium for a Good Brand</a> </li>
</ul></div><div><p>In this insight, we look at the implied valuation of JSG, compare it to peers, and share our thoughts on fair valuation.</p></div>

JS Global Lifestyle (1691 HK) is looking to raise up to US$462m in its Hong Kong IPO. We covered the IPO in:

JS Global (JS 环球生活) Early Thoughts - Declaring US$470m Dividend Before IPO 

JS Global (JS 环球生活) Quick Note - Questions About Corporate Structure and Reorganization 

JS Global (JS 环球生活) Pre-IPO Review - Sometimes, Two Negatives Don't Make a Positive 

JS Global (JS 环球生活) PHIP Updates &amp; Thoughts on Valuation - Paid a Premium for a Good Brand 
In this insight, we look at the implied valuation of JSG, compare it to peers, and share our thoughts on fair valuation.

JS Global (JS 环球生活) IPO Review - Limited Upside from the Bottom-End

Quantamental Researcher, JD Finance Quantamental Research

Ben Li

Quantamental Researcher

JD Finance Quantamental Research

JD Finance Big Data Quantamental Research is a data and insight provider of proprietary online eCommerce data, under the arm of big data analytics team in JD Finance. JD Finance is an affiliate of US listed JD, a leading eCommerce player in China. It is one of the largest fintech companies in China, with business spanning across consumer loans, fund distribution, and quantitative strategy research. 

Thematic (Sector/Industry)

<p>Premiumization in China has been an unstoppable trend as China’s economic reform continuously spurs the growth of consumer sector and benefits citizens’ everyday life. Among Chinese consumers, Millennials, defined as a cohort born between 1980 and 1995, have the strongest purchase power on e-commerce platforms with constantly rising online spending. We sorted out Millennials’ three shared values that affect their purchase decisions: Higher Quality, Better Lifestyle and Health Consciousness, and will discuss the impact of these principles on different consumer sectors in this article.</p>

Premiumization in China has been an unstoppable trend as China’s economic reform continuously spurs the growth of consumer sector and benefits citizens’ everyday life. Among Chinese consumers, Millennials, defined as a cohort born between 1980 and 1995, have the strongest purchase power on e-commerce platforms with constantly rising online spending. We sorted out Millennials’ three shared values that affect their purchase decisions: Higher Quality, Better Lifestyle and Health Consciousness, and will discuss the impact of these principles on different consumer sectors in this article.

A Closer Look at Premiumization: Decoding Millennials Online Spending

United States

iRobot Corporation manufactures robots that vacuum and wash floors and perform battlefield reconnaissance and bomb disposal. The Company markets its products to consumers through retailers, the United States military, and other government agencies worldwide.

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iRobot Corp (IRBT US)

JS Global (JS 环球生活) IPO Review - Limited Upside from the Bottom-End

JS Global Lifestyle (1691 HK) is looking to raise up to US$462m in its Hong Kong IPO. We covered the IPO in: JS Global (JS 环球生活) Early Thoughts -...

Zhen Zhou, Toh

A Closer Look at Premiumization: Decoding Millennials Online Spending

Premiumization in China has been an unstoppable trend as China’s economic reform continuously spurs the growth of consumer sector and benefits...

Ben Li

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52-week Range

Market Cap (USDm)

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