Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of IPO & Placements for Aequitas Research. 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%. 
Prior to Aequitas. I was heading Content Strategy for Smartkarma, along with covering IPOs & Placement. In an earlier life I have covered ASEAN property and the banking space in India.

Head of Research, IPOs & Placements

SF Intra-City (顺丰同城) IPO Trading - Poor Demand

SF Intra-City (顺丰同城) Pre-IPO - Better Disclosure but 5M Results Still Not Good Enough

Bifurcated Chinese Express Market Developing

SF Intra-City (顺丰同城) Pre-IPO - Growing Unsustainably Fast with a Glaring Lack of Disclosure

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>
<a href="https://www.smartkarma.com/entities/hangzhou-sf-intra-city-industrial-co-ltd" target="_blank" data-smartkarma-citation="entities:34916:1" rel="noopener">SF Intra-City (9699 HK)</a> (SFIC) is looking to raise up to about US$300m in its Hong Kong IPO.</li>
<li>SFIC is the intra-city on-demand delivery arm of SF Holding.</li>
<li>Valuation is expensive compared to <a href="https://www.smartkarma.com/entities/dada-nexus-ltd" target="_blank" data-smartkarma-citation="entities:28961:1" rel="noopener">Dada Nexus Ltd (DADA US)</a>. </li>
</ul>



SF Intra-City (9699 HK) (SFIC) is looking to raise up to about US$300m in its Hong Kong IPO.
SFIC is the intra-city on-demand delivery arm of SF Holding.
Valuation is expensive compared to Dada Nexus Ltd (DADA US). 


SF Intra-City (顺丰同城) IPO - Not the Right Price