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

Aequitas: Huaqin IPO Trading - Decent Insti and Retail Subs; Valuation for Peers Have Come Down

Aequitas: Huaqin A/H Listing - Had Just Listed Three Years Ago; Margins Remain Volatile

Aequitas: Huaqin A/H Listing - PHIP Update - 2H25 Top Line Deceleration, Gross Margins Pressured

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

Huaqin Technology / Equity Capital Markets

<ul>
<li>
<a href="https://www.smartkarma.com/entities/huaqin-co-ltd" target="_blank" data-smartkarma-citation="entities:48099:1" rel="noopener">Huaqin (3296 HK)</a> is looking to raise up to US$580m in its upcoming Hong Kong IPO. </li>
<li>It is a global leading, technology-driven smart product platform providing end-to-end solutions across the entire value chain, including R&amp;D, design, manufacturing, and operations.</li>
<li>In this note, we examine the IPO dynamics, and look at the firm’s valuation.</li>
</ul>



Huaqin (3296 HK) is looking to raise up to US$580m in its upcoming Hong Kong IPO. 
It is a global leading, technology-driven smart product platform providing end-to-end solutions across the entire value chain, including R&amp;D, design, manufacturing, and operations.
In this note, we examine the IPO dynamics, and look at the firm’s valuation.


Aequitas: Huaqin A/H Listing - Fairly Valued with HK Peers Albeit Strong DC Business Forecast, FY26