APAC IPOs & Placements, Aequitas Research

Rosita Fernandes

APAC 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

52TOYS Development / Equity Capital Markets

<ul>
<li>
<a href="https://www.smartkarma.com/entities/52toys-development" target="_blank" data-smartkarma-citation="entities:45230:1" rel="noopener">52TOYS Development (TOY HK)</a> is planning to raise about US$200m through its upcoming Hong Kong IPO. The lead bookrunners for the deal are Citi, Huatai International.</li>
<li>52Toys was established in 2015. The firm is one of the leading IP toy company in China.</li>
<li>According to CIC, the company was the second-largest multi-genre Chinese IP toy company in terms of China GMV in 2024.</li>
</ul>



52TOYS Development (TOY HK) is planning to raise about US$200m through its upcoming Hong Kong IPO. The lead bookrunners for the deal are Citi, Huatai International.
52Toys was established in 2015. The firm is one of the leading IP toy company in China.
According to CIC, the company was the second-largest multi-genre Chinese IP toy company in terms of China GMV in 2024.


52 Toys Development Co. Ltd Pre-IPO Tearsheet