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

Zhongji InnoLight / Equity Capital Markets

<ul>
<li>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.</li>
<li>On the IPO front, <a href="https://www.smartkarma.com/entities/zhongji-innolight" target="_blank" data-smartkarma-citation="entities:55331:1" rel="noopener">Zhongji InnoLight (3308 HK)</a> made a tepid debut in HK's largest IPO this year.</li>
<li>There weren't many placements over the past week, apart from <a href="https://www.smartkarma.com/entities/quanta-computer-inc" target="_blank" data-smartkarma-citation="entities:2754:1" rel="noopener">Quanta Computer (2382 TT)</a>'s GDRm  but we did look at a few upcoming lockup expiries.</li>
</ul>


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.
On the IPO front, Zhongji InnoLight (3308 HK) made a tepid debut in HK's largest IPO this year.
There weren't many placements over the past week, apart from Quanta Computer (2382 TT)'s GDRm  but we did look at a few upcoming lockup expiries.


Aequitas ECM Weekly (3 August 2026)-Innolight, Shein, Manipal, Juniper, Gcash, Quant, Montage, Han's

Pan-Asia Tactical Market Calls (Quant-Driven), MRM Research

Nico Rosti

Pan-Asia Tactical Market Calls (Quant-Driven)

MRM Research

Quantitative Research

Equity Derivatives

<ul>
<li>
<a href="https://www.smartkarma.com/entities/samsung-electronics-co-ltd" target="_blank" data-smartkarma-citation="entities:191:1" rel="noopener">Samsung Electronics (005930 KS)</a> jumped +26.8% on Friday, July 31, 2026, primarily driven by a sharp broader market rebound and aggressive short-covering across South Korean chipmakers following a three-day selloff.</li>
<li>Many are trying to assess if Samsung Eelectronics is done with the sell-off/downtrend that started in June. The long-term bottom cannot be forecasted (we will only know in retrospective).</li>
<li>This short-term analysis aims at detecting trend patterns that statistically precede certain move sizes, and use that knowledge to identify price targets, to anticipate trend reversals.</li>
</ul>



Samsung Electronics (005930 KS) jumped +26.8% on Friday, July 31, 2026, primarily driven by a sharp broader market rebound and aggressive short-covering across South Korean chipmakers following a three-day selloff.
Many are trying to assess if Samsung Eelectronics is done with the sell-off/downtrend that started in June. The long-term bottom cannot be forecasted (we will only know in retrospective).
This short-term analysis aims at detecting trend patterns that statistically precede certain move sizes, and use that knowledge to identify price targets, to anticipate trend reversals.


Samsung Electronics (005930 KS) Tactical Outlook: Position for Next Leg Up

Equity/Index & Cross Asset Volatility Specialist, Cameron Design

Jay Cameron

Equity/Index & Cross Asset Volatility Specialist

Cameron Design

We specialize in financial products and volatility. Our strategies balance speed, data, and risk control to capture opportunities across global markets. Our research leverages AI and data analytics to continuously refine our algorithms and adapt to evolving market dynamics.

<ul>
<li>After a large downswing over June and July, we examine Q2 earnings to see where SK Hynix is headed from here, noting the movement is recently amplified by leveraged trades.</li>
<li>A large cash influx attributed to the sale of shares in Kioxia added a significant amount to the company's cash, while debt ratios continue to be strong.</li>
<li>SK Hynix DEC26 Options are possible for US investors now, and we propose looking at out of the money options to get on the right side of the movement. </li>
</ul>


After a large downswing over June and July, we examine Q2 earnings to see where SK Hynix is headed from here, noting the movement is recently amplified by leveraged trades.
A large cash influx attributed to the sale of shares in Kioxia added a significant amount to the company's cash, while debt ratios continue to be strong.
SK Hynix DEC26 Options are possible for US investors now, and we propose looking at out of the money options to get on the right side of the movement. 


The KOSPI Semiconductor Leverage Loop: Navigating SK Hynix Volatility and DEC26 ADR Options

Derivatives and Quantitative Strategist

Gaudenz Schneider

<ul>
<li>
<a href="https://www.smartkarma.com/entities/sk-hynix-inc" target="_blank" data-smartkarma-citation="entities:16955:1" rel="noopener">SK Hynix (000660 KS)</a>’s sharp rebound lifted combined leveraged ETF AUM back to 72% above launch levels, reversing much of the recent decline.</li>
<li>Medium-Term returns continue to demonstrate the risks of daily rebalancing, reinforcing that leveraged and inverse ETFs are ultra-short-term trading instruments.</li>
<li>Today’s rally triggered renewed inflows, led by Samsung Asset Management’s KODEX product, even as tighter regulation clouds the segment’s growth outlook.</li>
</ul>



SK Hynix (000660 KS)’s sharp rebound lifted combined leveraged ETF AUM back to 72% above launch levels, reversing much of the recent decline.
Medium-Term returns continue to demonstrate the risks of daily rebalancing, reinforcing that leveraged and inverse ETFs are ultra-short-term trading instruments.
Today’s rally triggered renewed inflows, led by Samsung Asset Management’s KODEX product, even as tighter regulation clouds the segment’s growth outlook.


SK Hynix (000660 KS): 25% Rebound Revives Leveraged ETF AUM

<ul>
<li>Following large moves in <a href="https://www.smartkarma.com/entities/sk-hynix-inc" target="_blank" data-smartkarma-citation="entities:16955:1" rel="noopener">SK hynix (000660 KS)</a> , CSOP will allow leverage across its twelve single-asset 2x leveraged products to fall as low as 1.1x.</li>
<li>Flexible leverage in the largest listed leveraged product on SK hynix may reduce hedging and rebalancing pressure during periods of market stress.</li>
<li>The change adds manager discretion, may limit participation in subsequent rebounds and reinforces that these are ultra-short-term trading products.</li>
</ul>


Following large moves in SK hynix (000660 KS) , CSOP will allow leverage across its twelve single-asset 2x leveraged products to fall as low as 1.1x.
Flexible leverage in the largest listed leveraged product on SK hynix may reduce hedging and rebalancing pressure during periods of market stress.
The change adds manager discretion, may limit participation in subsequent rebounds and reinforces that these are ultra-short-term trading products.


SK Hynix (000660 KS): Large Moves Prompt Largest 2x Product to Reduce Leverage

South Korea

SK hynix Inc. provides products and services for the electronic components industries. The Company manufactures semiconductors such as dynamic random access memory (DRAM), NAND flash memory, and static random access memory (SRAM) chips.

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SK Hynix (SKHY US)

Aequitas ECM Weekly (3 August 2026)-Innolight, Shein, Manipal, Juniper, Gcash, Quant, Montage, Han's

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.

Sumeet Singh

Samsung Electronics (005930 KS) Tactical Outlook: Position for Next Leg Up

Samsung Electronics (005930 KS) is at a key juncture: after a +26.8% rally on July 31, it could fall again towards 240k, then rally higher. Or it...

Nico Rosti

The KOSPI Semiconductor Leverage Loop: Navigating SK Hynix Volatility and DEC26 ADR Options

SK Hynix set highs in June before dropping off after the IPO. This insight examines the volatility picture for the stock and ADR, and proposes out...

Jay Cameron

SK Hynix (000660 KS): 25% Rebound Revives Leveraged ETF AUM

SK hynix’s 25% rebound revives leveraged ETF AUM and inflows, but medium-term performance and tighter regulation keep risks firmly in focus.

Gaudenz Schneider

SK Hynix (000660 KS): Large Moves Prompt Largest 2x Product to Reduce Leverage

Large moves in SK Hynix prompt its largest 2x leveraged product to reduce leverage, easing hedging and rebalancing pressure while adding manager...

Gaudenz Schneider

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Aequitas ECM Weekly (3 August 2026)-Innolight, Shein, Manipal, Juniper, Gcash, Quant, Montage, Han's

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.

Sumeet Singh

Samsung Electronics (005930 KS) Tactical Outlook: Position for Next Leg Up

​Samsung Electronics (005930 KS) is at a key juncture: after a +26.8% rally on July 31, it could fall again towards 240k, then rally higher. Or it...

Nico Rosti

The KOSPI Semiconductor Leverage Loop: Navigating SK Hynix Volatility and DEC26 ADR Options

SK Hynix set highs in June before dropping off after the IPO. This insight examines the volatility picture for the stock and ADR, and proposes out...

Jay Cameron

SK Hynix (000660 KS): 25% Rebound Revives Leveraged ETF AUM

SK hynix’s 25% rebound revives leveraged ETF AUM and inflows, but medium-term performance and tighter regulation keep risks firmly in focus.

Gaudenz Schneider

SK Hynix (000660 KS): Large Moves Prompt Largest 2x Product to Reduce Leverage

Large moves in SK Hynix prompt its largest 2x leveraged product to reduce leverage, easing hedging and rebalancing pressure while adding manager...

Gaudenz Schneider

Samsung Electronics (005930 KS) is at a key juncture: after a +26.8% rally on July 31, it could fall again towards 240k, then rally higher. Or it...