Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of Research, 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

Shinhan Financial / Equity Capital Markets

<ul>
<li>
<a href="https://www.smartkarma.com/entities/bnp-paribas" target="_blank" data-smartkarma-citation="entities:525:1" rel="noopener">BNP Paribas (BNP FP)</a> is looking to raise around US$680m via selling 3.5% of its stake in <a href="https://www.smartkarma.com/entities/shinhan-financial-group-ltd" target="_blank" data-smartkarma-citation="entities:6978:1" rel="noopener">Shinhan Financial (055550 KS)</a>.</li>
<li>This will be the fourth selldown for the stock since the start of the year. It will also be the largest one of the lot, so far.</li>
<li>In this note, we will talk about the deal dynamics and run the deal through our ECM framework.</li>
</ul>



BNP Paribas (BNP FP) is looking to raise around US$680m via selling 3.5% of its stake in Shinhan Financial (055550 KS).
This will be the fourth selldown for the stock since the start of the year. It will also be the largest one of the lot, so far.
In this note, we will talk about the deal dynamics and run the deal through our ECM framework.


Shinhan Financial Group Placement - Another Selldown, Momentum Is Strong but Deal Is Large

Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Korea/Asia, Events, IPOs

Shinhan Seobu T&D REIT / Equity Capital Markets

<ul>
<li>Shinhan Seobu T&amp;D REIT (404990 KS) IPO is expected to be completed in early December. The IPO deal size is about $114 million. </li>
<li>The estimated annual dividend yield of this REIT is 6.25% for five years (2022-2026). </li>
<li>The company's main properties include Incheon Square One Shopping Mall and Yongsan SDC Grand Mercure Residence Hotel.</li>
</ul>


Shinhan Seobu T&amp;D REIT (404990 KS) IPO is expected to be completed in early December. The IPO deal size is about $114 million. 
The estimated annual dividend yield of this REIT is 6.25% for five years (2022-2026). 
The company's main properties include Incheon Square One Shopping Mall and Yongsan SDC Grand Mercure Residence Hotel.


South Korea

Shinhan Seobu T&D REIT Co Ltd operates as a real estate owner and developer. The Company develops residential areas, office buildings, hotels, restaurants and other related areas. Shinhan Seobu T&D REIT offers services throughout Korea

Shinhan Seobu T&D REIT (404990 KS)

Shinhan Financial Group Placement - Another Selldown, Momentum Is Strong but Deal Is Large

BNP Paribas (BNP FP) is looking to raise around US$680m via selling 3.5% of its stake in Shinhan Financial (055550 KS). In this note, we talk about...

Sumeet Singh

Shinhan Seobu T&D REIT IPO Preview

Shinhan Seobu T&D REIT (404990 KS) IPO is expected to be completed in early December. The IPO deal size is about $114 million.

Douglas Kim