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 analyze statistics on top repurchases over one week, one month, one quarter and one year periods ended on Nov 10th based on HKEx daily reports.</li>
<li>In the past 7 days, the top 3 companies that repurchased the most shares from the market were AIA (1299 HK), China Petroleum &amp; Chemical (386 HK), Esr (1821 HK).</li>
<li>In the past 30 days, the top 3 companies that repurchased the most shares from the market were AIA (1299 HK), Tencent (700 HK), HSBC (5 HK).</li>
</ul>


We analyze statistics on top repurchases over one week, one month, one quarter and one year periods ended on Nov 10th based on HKEx daily reports.
In the past 7 days, the top 3 companies that repurchased the most shares from the market were AIA (1299 HK), China Petroleum &amp; Chemical (386 HK), Esr (1821 HK).
In the past 30 days, the top 3 companies that repurchased the most shares from the market were AIA (1299 HK), Tencent (700 HK), HSBC (5 HK).


Hong Kong Buybacks Weekly (Nov 10th): Aia, China Petroleum & Chemical, Esr

Blue Lotus Non US Internet research, Blue Lotus Research Institute

Ying Pan

Blue Lotus Non US Internet research

China growth and global non-US Internet equities

Blue Lotus Research Institute

Blue Lotus Research is a Hong Kong Type 4 Licensed investment advisory firm focusing on Chinese growth equities and global non-US Internet equities

Thematic (Sector/Industry)

<ul>
<li>BABA/JD/PDD: Post Bureau publishes Parcel Volume Data for Double 11 Festival (-/+)</li>
<li>3690 HK: Meituan published AI companion mobile app on November 7th(+)</li>
<li>BILI/700.HK/1024.HK/DOYU/HUYA: Douyu CEO Chen Shaojie missing for 3 Weeks (+/+/+/-/+)</li>
</ul>


BABA/JD/PDD: Post Bureau publishes Parcel Volume Data for Double 11 Festival (-/+)
3690 HK: Meituan published AI companion mobile app on November 7th(+)
BILI/700.HK/1024.HK/DOYU/HUYA: Douyu CEO Chen Shaojie missing for 3 Weeks (+/+/+/-/+)


[Blue Lotus Daily]: BABA/JD/PDD/BILI/Tencent 700.HK/Kuaishou 1024.HK/DOYU/HUYA

Blue Lotus China New Economy Research, Blue Lotus Research Institute

Eric Wen

Blue Lotus China New Economy Research

<ul>
<li>BABA/JD/PDD: Post Bureau publishes Parcel Volume Data for Double 11 Festival (-/+)</li>
<li>BILI/700.HK/1024.HK/DOYU/HUYA: Douyu CEO Chen Shaojie missing for 3 Weeks (+/+/+/-/+)</li>
<li>4689JP/PDD: LY C3Q23 result beat consensus on LINE advertising (/)</li>
</ul>


BABA/JD/PDD: Post Bureau publishes Parcel Volume Data for Double 11 Festival (-/+)
BILI/700.HK/1024.HK/DOYU/HUYA: Douyu CEO Chen Shaojie missing for 3 Weeks (+/+/+/-/+)
4689JP/PDD: LY C3Q23 result beat consensus on LINE advertising (/)


[Blue Lotus Daily]: BABA/JD/PDD/BILI/Tencent/700.HK/Kuaishou/1024.HK/DOYU/HUYA/ACMR

Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of Research, IPOs & Placements

Equity Capital Markets

<ul>
<li>Zeekr, a premium EV brand by Geely, aims to raise around US$1bn (estimated) in its US listing in 1H2023. GS, BofA and MS are said to be running the deal.</li>
<li>Zeekr was formed in Mar 2021 as a JV between Geely and its founder. Its first model was launched in Apr 21 with deliveries starting in Oct 21.</li>
<li>In this note, we take an early look at the IPO based on publicly avaiable information.</li>
</ul>


Zeekr, a premium EV brand by Geely, aims to raise around US$1bn (estimated) in its US listing in 1H2023. GS, BofA and MS are said to be running the deal.
Zeekr was formed in Mar 2021 as a JV between Geely and its founder. Its first model was launched in Apr 21 with deliveries starting in Oct 21.
In this note, we take an early look at the IPO based on publicly avaiable information.


Zeekr IPO Early Look - Possibly US$0 to US$7bn Revenue in Under Three Years

APAC IPOs & Placements, Aequitas Research

Ethan Aw

APAC IPOs & Placements

Chenqi Technology Limited / Equity Capital Markets

<ul>
<li>
<a href="https://www.smartkarma.com/entities/chenqi-technology-limited" target="_blank" data-smartkarma-citation="entities:40058:1" rel="noopener">Chenqi Technology Limited (CT HK)</a> is looking to raise US$300m in its upcoming Hong Kong IPO. </li>
<li>Chenqi Technology (Chenqi) is a mobility technology and service company in China, founded by the GAC Group and Tencent. </li>
<li>Chenqi has grown its GTV fast on the back of network expansion. However, Dida’s inability to list and Chinese regulators’ scrutiny on Didi would likely dent sentiment surrounding Chenqi. </li>
</ul>



Chenqi Technology Limited (CT HK) is looking to raise US$300m in its upcoming Hong Kong IPO. 
Chenqi Technology (Chenqi) is a mobility technology and service company in China, founded by the GAC Group and Tencent. 
Chenqi has grown its GTV fast on the back of network expansion. However, Dida’s inability to list and Chinese regulators’ scrutiny on Didi would likely dent sentiment surrounding Chenqi. 


Chenqi Technology Pre-IPO - Listing Would Almost Feel like a Pipe Dream

China

Tencent Holdings Limited operates as an investment holding company. The Company, through its subsidiaries, provides Internet and mobile value-added services (VAS), online advertising, and e-commerce transactions. Tencent Holdings offers services to users worldwide.

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

Tencent Holdings (ADR) (TCEHY US)

Hong Kong Buybacks Weekly (Nov 10th): Aia, China Petroleum & Chemical, Esr

We analyzed the Hong Kong buyback data in the past week and highlight the top 3 companies that repurchased the most shares were AIA (1299 HK),...

Ke Yan, CFA, FRM

[Blue Lotus Daily]: BABA/JD/PDD/BILI/Tencent 700.HK/Kuaishou 1024.HK/DOYU/HUYA

The article discusses the recent updates on parcel volume data for the Double 11 Festival, Meituan's new AI companion mobile app, and the missing...

Blue Lotus Research Institute

[Blue Lotus Daily]: BABA/JD/PDD/BILI/Tencent/700.HK/Kuaishou/1024.HK/DOYU/HUYA/ACMR

Parcel volume data for the Double 11 Festival is published, Douyu CEO Chen Shaojie has been missing for three weeks, and Meituan published AI...

Blue Lotus Research Institute

Zeekr IPO Early Look - Possibly US$0 to US$7bn Revenue in Under Three Years

Zeekr, a premium EV brand by Geely, publicly filed for a US IPO overnight. The company had earlier planned to raise over US$1bn.

Sumeet Singh

Chenqi Technology Pre-IPO - Listing Would Almost Feel like a Pipe Dream

Chenqi Technology Limited is looking to raise US$300m in its upcoming Hong Kong IPO. Dida’s inability to list and Chinese regulators’ scrutiny on...

Ethan Aw

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Hong Kong Buybacks Weekly (Nov 10th): Aia, China Petroleum & Chemical, Esr

We analyzed the Hong Kong buyback data in the past week and highlight the top 3 companies that repurchased the most shares were AIA (1299 HK),...

Ke Yan, CFA, FRM

[Blue Lotus Daily]: BABA/JD/PDD/BILI/Tencent 700.HK/Kuaishou 1024.HK/DOYU/HUYA

​The article discusses the recent updates on parcel volume data for the Double 11 Festival, Meituan's new AI companion mobile app, and the missing...

Blue Lotus Research Institute

[Blue Lotus Daily]: BABA/JD/PDD/BILI/Tencent/700.HK/Kuaishou/1024.HK/DOYU/HUYA/ACMR

​Parcel volume data for the Double 11 Festival is published, Douyu CEO Chen Shaojie has been missing for three weeks, and Meituan published AI...

Blue Lotus Research Institute

Zeekr IPO Early Look - Possibly US$0 to US$7bn Revenue in Under Three Years

Zeekr, a premium EV brand by Geely, publicly filed for a US IPO overnight. The company had earlier planned to raise over US$1bn.

Sumeet Singh

Chenqi Technology Pre-IPO - Listing Would Almost Feel like a Pipe Dream

Chenqi Technology Limited is looking to raise US$300m in its upcoming Hong Kong IPO. Dida’s inability to list and Chinese regulators’ scrutiny on...

Ethan Aw

The article discusses the recent updates on parcel volume data for the Double 11 Festival, Meituan's new AI companion mobile app, and the missing...

Parcel volume data for the Double 11 Festival is published, Douyu CEO Chen Shaojie has been missing for three weeks, and Meituan published AI...