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

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

Zijin Gold International / Equity Capital Markets

<ul>
<li>
<a href="https://www.smartkarma.com/entities/zijin-gold-international" target="_blank" data-smartkarma-citation="entities:45448:1" rel="noopener">Zijin Gold (2259 HK)</a> raised US$3.2bn from its Hong Kong IPO in September 2025 via a primary offering of HKD71.59/share in its IPO. </li>
<li>The lockup on its cornerstone investors is set to expire soon.</li>
<li>In this note, we will talk about the lockup dynamics and possible placement.</li>
</ul>



Zijin Gold (2259 HK) raised US$3.2bn from its Hong Kong IPO in September 2025 via a primary offering of HKD71.59/share in its IPO. 
The lockup on its cornerstone investors is set to expire soon.
In this note, we will talk about the lockup dynamics and possible placement.


Aequitas: Zijin IPO Lockup- Some Cornerstones Could Be Sellers in the US$4bn Lockup Release