Guming Holdings Lockup Expiry - US$1.5bn Lockup Expiry with Everyone Well in the Money
Guming Holdings (1364 HK) raised around US$233m in its Hong Kong IPO in Feb 2025. Its pre-IPO and cornerstone investors will be released from their...
696 Views
SICC A/H Listing - PHIP Updates and Thoughts on A/H Premium
SICC (688234 CH), a manufacturer of high-quality SiC substrates, aims to raise up to US$250m in its H-share listing. In this note, we talk about...
526 Views
ECM Weekly (4 August 2025)-Meituan, LG CNS, Wuxi AppTec, SICC, NSDL, Aditya Info, GigaDevice, WeWork
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.
917 Views
Meituan Possible US$4bn Selldown - Will End up Being Well-Flagged but Sentiment Isn’t Great
As per recent media reports, Prosus has begun selling some of its stake in Meituan. Although for now it appears to be selling on market instead of...
959 Views
Wuxi AppTec Placement - Momentum Is Very Strong, Though It Is a Bit Opportunistic
WuXi AppTec (2359 HK) aims to raise around US$650m via its H-share placement. In this note, we run the deal through our ECM framework and talk...
807 Views