APAC IPOs & Placements, Aequitas Research

Nicholas Tan

At Aequitas we cover all IPOs and placements across Asia-Pac with a deal size of at least US$100m. 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%.

APAC IPOs & Placements

Chuangxin Pre-IPO: Increasing Exposure to Volatile Alumina; Offered at Premium to Peers

Chuangxin Industries IPO Trading: Good Insti Sub Rates but Peers Have Traded Down

China Hongqiao Placement: Good Valuation but Likely Opportunistic, on the Back of Chuangxin Listing

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

Chuangxin Industries / Equity Capital Markets

<ul>
<li>
<a href="https://www.smartkarma.com/entities/chuangxin-industries" target="_blank" data-smartkarma-citation="entities:45636:1" rel="noopener">Chuangxin Industries (CXI HK)</a> raised around US$700m, with the IPO being offered at the upper end of the range i.e. HKD 10.99/share. </li>
<li>It is focused on alumina refining and aluminum smelting within the upstream of the aluminum industry chain.</li>
<li>In this note, we will talk about the lockup dynamics and possible placement.</li>
</ul>



Chuangxin Industries (CXI HK) raised around US$700m, with the IPO being offered at the upper end of the range i.e. HKD 10.99/share. 
It is focused on alumina refining and aluminum smelting within the upstream of the aluminum industry chain.
In this note, we will talk about the lockup dynamics and possible placement.


Aequitas: Chuangxin IPO Lockup - Shares Have Done Well Since IPO; >US$600m of Shares to Be Unlocked