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 short interest of TWSE Stocks as of Sep 19th. The aggregated short interest was USD27.4bn.</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 Yageo, Winbond Electronics, MiTAC, Unimicron Technology, Asustek Computer, Yageo, Winbond Electronics, MiTAC, Unimicron Technology, Asustek Computer.</li>
</ul>


We analyzed the changes in short interest of TWSE Stocks as of Sep 19th. The aggregated short interest was USD27.4bn.
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 Yageo, Winbond Electronics, MiTAC, Unimicron Technology, Asustek Computer, Yageo, Winbond Electronics, MiTAC, Unimicron Technology, Asustek Computer.


TWSE Short Interest Weekly (Sep 19th): Yageo, Winbond Electronics, MiTAC, Unimicron Technology

<ul>
<li>We analyzed the changes in short interest of TWSE Stocks as of Sep 12th. The aggregated short interest was USD26.9bn.</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, MiTAC, Accton Technology, Elite Material, Wiwynn, Lite-On Technology, MiTAC, Accton Technology, Elite Material, Wiwynn.</li>
</ul>


We analyzed the changes in short interest of TWSE Stocks as of Sep 12th. The aggregated short interest was USD26.9bn.
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, MiTAC, Accton Technology, Elite Material, Wiwynn, Lite-On Technology, MiTAC, Accton Technology, Elite Material, Wiwynn.


TWSE Short Interest Weekly (Sep 12th): Lite-On Technology, MiTAC, Accton Technology, Elite Material

Taiwan Tech Focused Senior Analyst

Patrick Liao

Equity Bottom-Up

United Microelectron Sp Adr / Equity Bottom-Up

<ul>
<li>
<a href="https://www.smartkarma.com/entities/united-microelectron-sp-adr" target="_blank" data-smartkarma-citation="entities:11540:1" rel="noopener">United Microelectron Sp Adr (UMC US)</a> – 2025 Full-Year and 4Q Outlook.   </li>
<li>The impact of U.S. recent restrictions on <a href="https://www.smartkarma.com/entities/united-microelectron-sp-adr" target="_blank" data-smartkarma-citation="entities:11540:1" rel="noopener">United Microelectron Sp Adr (UMC US)</a> appears negligible.</li>
<li>Customer demand trends are diverging in 2H25, and overall demand is expected to soften in 4Q25.</li>
</ul>



United Microelectron Sp Adr (UMC US) – 2025 Full-Year and 4Q Outlook.   
The impact of U.S. recent restrictions on United Microelectron Sp Adr (UMC US) appears negligible.
Customer demand trends are diverging in 2H25, and overall demand is expected to soften in 4Q25.


UMC (2303.TT; UMC.US): 4Q25 Revenue Is Projected to Decline 5–10% QoQ.

<ul>
<li>We analyzed the changes in short interest of TWSE Stocks as of Sep 5th. The aggregated short interest was USD25.8bn.</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 Jentech Precision Industrial, Wiwynn, Realtek Semiconductor, Hon Hai Precision, Kaori Heat Treatment, Jentech Precision Industrial, Wiwynn, Realtek Semiconductor, Hon Hai Precision, Kaori Heat Treatment.</li>
</ul>


We analyzed the changes in short interest of TWSE Stocks as of Sep 5th. The aggregated short interest was USD25.8bn.
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 Jentech Precision Industrial, Wiwynn, Realtek Semiconductor, Hon Hai Precision, Kaori Heat Treatment, Jentech Precision Industrial, Wiwynn, Realtek Semiconductor, Hon Hai Precision, Kaori Heat Treatment.


TWSE Short Interest Weekly (Sep 5th): Jentech Precision Industrial, Wiwynn, Realtek Semiconductor

<ul>
<li>We analyzed the changes in short interest of TWSE Stocks as of Aug 29th. The aggregated short interest was USD25.7bn.</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 Jentech Precision Industrial, Unimicron Technology, Pou Chen, Ruentex Development, Taishin Financial, Jentech Precision Industrial, Unimicron Technology, Pou Chen, Ruentex Development, Taishin Financial.</li>
</ul>


We analyzed the changes in short interest of TWSE Stocks as of Aug 29th. The aggregated short interest was USD25.7bn.
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 Jentech Precision Industrial, Unimicron Technology, Pou Chen, Ruentex Development, Taishin Financial, Jentech Precision Industrial, Unimicron Technology, Pou Chen, Ruentex Development, Taishin Financial.


TWSE Short Interest Weekly (Aug 29th): Jentech Precision Industrial, Unimicron Technology, Pou Chen

Taiwan

Novatek Microelectronics Corporation designs, manufactures, and markets integrated circuits (ICs).  The Company's products are used in telecommunication, computer peripherals, and LCD (liquid crystal display) drivers.

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

Novatek Microelectronics Corp (3034 TT)

TWSE Short Interest Weekly (Sep 19th): Yageo, Winbond Electronics, MiTAC, Unimicron Technology

We analyzed TWSE short interest report for the past week and highlighted short interest changes in Yageo (2327 TT), Winbond Electronics (2344 TT),...

Ke Yan, CFA, FRM

TWSE Short Interest Weekly (Sep 12th): Lite-On Technology, MiTAC, Accton Technology, Elite Material

We analyzed TWSE short interest report for the past week and highlighted short interest changes in Lite-On Technology (2301 TT), MiTAC (3706 TT),...

Ke Yan, CFA, FRM

UMC (2303.TT; UMC.US): 4Q25 Revenue Is Projected to Decline 5–10% QoQ.

United Microelectron Sp Adr (UMC US) outlook for 2025 remains steady despite U.S. restrictions, with softening demand expected in 4Q25.

Patrick Liao

TWSE Short Interest Weekly (Sep 5th): Jentech Precision Industrial, Wiwynn, Realtek Semiconductor

We analyzed TWSE short interest report for the past week and highlighted short interest changes in Jentech Precision Industrial (3653 TT), Wiwynn...

Ke Yan, CFA, FRM

TWSE Short Interest Weekly (Aug 29th): Jentech Precision Industrial, Unimicron Technology, Pou Chen

We analyzed TWSE short interest report for the past week and highlighted short interest changes in Jentech Precision Industrial (3653 TT),...

Ke Yan, CFA, FRM

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

TWSE Short Interest Weekly (Sep 19th): Yageo, Winbond Electronics, MiTAC, Unimicron Technology

We analyzed TWSE short interest report for the past week and highlighted short interest changes in Yageo (2327 TT), Winbond Electronics (2344 TT),...

Ke Yan, CFA, FRM

TWSE Short Interest Weekly (Sep 12th): Lite-On Technology, MiTAC, Accton Technology, Elite Material

We analyzed TWSE short interest report for the past week and highlighted short interest changes in Lite-On Technology (2301 TT), MiTAC (3706 TT),...

Ke Yan, CFA, FRM

UMC (2303.TT; UMC.US): 4Q25 Revenue Is Projected to Decline 5–10% QoQ.

​United Microelectron Sp Adr (UMC US) outlook for 2025 remains steady despite U.S. restrictions, with softening demand expected in 4Q25.

Patrick Liao

TWSE Short Interest Weekly (Sep 5th): Jentech Precision Industrial, Wiwynn, Realtek Semiconductor

We analyzed TWSE short interest report for the past week and highlighted short interest changes in Jentech Precision Industrial (3653 TT), Wiwynn...

Ke Yan, CFA, FRM

TWSE Short Interest Weekly (Aug 29th): Jentech Precision Industrial, Unimicron Technology, Pou Chen

We analyzed TWSE short interest report for the past week and highlighted short interest changes in Jentech Precision Industrial (3653 TT),...

Ke Yan, CFA, FRM

United Microelectron Sp Adr (UMC US) outlook for 2025 remains steady despite U.S. restrictions, with softening demand expected in 4Q25.