APAC IPOs & Placements, Aequitas Research

Troy Wong

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

Busy Ming Pre-IPO: Scaled up but Fragmented Market

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

<ul>
<li>Busy Ming Group Co., Ltd. (BMG) is looking to raise at least US$100m in its upcoming Hong Kong IPO. The deal will be run by GS, Huatai, and DB.</li>
<li>BMG is a leading F&amp;B retailer in China, offering value-for-money products which are priced c.25% lower than the average for similar products available in the supermarket channel.</li>
<li>It mainly operates under a franchised model and focuses mostly on third-tier cities and below.</li>
</ul>


Busy Ming Group Co., Ltd. (BMG) is looking to raise at least US$100m in its upcoming Hong Kong IPO. The deal will be run by GS, Huatai, and DB.
BMG is a leading F&amp;B retailer in China, offering value-for-money products which are priced c.25% lower than the average for similar products available in the supermarket channel.
It mainly operates under a franchised model and focuses mostly on third-tier cities and below.


Busy Ming Group

Busy Ming Group Pre-IPO Tearsheet