Asia Pac IPO & Placement Research, China biotech, Aequitas Research

Ke Yan, CFA, FRM

An inquisitive investment analyst with background in both finance and computing. Covering ECM research, biotech, market data analytics.

Asia Pac IPO & Placement Research, China biotech

HKEx Consultation Paper (Conclusion) - What Matters for ECM Investors

MIXUE/ChaPanda/Good Me Pre-IPO - Peer Comparison

Guming Holdings (Goodme) Pre-IPO - The Positives - Benefited from Scaling Its Store Network

MIXUE Group Pre-IPO - The Negatives - Declining GMV Share

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>Stock Exchange of Hong Kong issued a consultation paper titled Proposals to Optimise IPO Price Discovery and Open Market Requirements with new mechanisms proposed for the IPO in the future.</li>
<li>In this note, we summarize key points for ECM investors and analyze the impact from a historical perspective the impact for ECM investors.</li>
<li>We are of the view that overall the changes will benefit ECM investors by reallocating a portion of the profits from cornerstone investors.</li>
</ul>


Stock Exchange of Hong Kong issued a consultation paper titled Proposals to Optimise IPO Price Discovery and Open Market Requirements with new mechanisms proposed for the IPO in the future.
In this note, we summarize key points for ECM investors and analyze the impact from a historical perspective the impact for ECM investors.
We are of the view that overall the changes will benefit ECM investors by reallocating a portion of the profits from cornerstone investors.


HKEx Consultation Paper - What Matters for ECM Investors

Mixue Group

HKEx Consultation Paper - What Matters for ECM Investors