2021 High Conviction - Archosaur Games (祖龙娱乐) - A Bet on the Mobile RPG Boom

Archosaur Games (祖龙娱乐) Pre-IPO - Dragon Raja Will Continue to Drive Revenue - Walkthrough & Thoughts

Archosaur Games (祖龙娱乐) IPO - Reasonable Valuation for a Quality Developer

Archosaur Games (祖龙娱乐) Pre-IPO - Short Life Cycle, Volatile Revenue, but It May Look Different Soon

APAC IPOs & Placements

Zhen Zhou, Toh

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

<p><a href="https://www.smartkarma.com/entities/archosaur-games" target="_blank" data-smartkarma-citation="entities:28948:1" rel="noopener">Archosaur Games (9990 HK)</a> (ARCH) raised US$263m in its Hong Kong IPO at HK$11.60 per share, the top-end of the price range. We have earlier covered the company extensively in:</p>
<ul>
<li>
<a href="https://www.smartkarma.com/insights/archosaur-games-pre-ipo-dragon-raja-will-continue-to-drive-revenue-walkthrough-thoughts" target="_blank" data-smartkarma-citation="insights:40466" rel="noopener">Archosaur Games (祖龙娱乐) Pre-IPO - Dragon Raja Will Continue to Drive Revenue - Walkthrough &amp; Thoughts</a> </li>
<li>
<a href="https://www.smartkarma.com/insights/archosaur-games-pre-ipo-short-life-cycle-volatile-revenue-but-it-may-look-different-soon" target="_blank" data-smartkarma-citation="insights:39284" rel="noopener">Archosaur Games (祖龙娱乐) Pre-IPO - Short Life Cycle, Volatile Revenue, but It May Look Different Soon</a> </li>
<li>
<a href="https://www.smartkarma.com/insights/archosaur-games-ipo-reasonable-valuation-for-a-quality-developer" target="_blank" data-smartkarma-citation="insights:40847" rel="noopener">Archosaur Games (祖龙娱乐) IPO - Reasonable Valuation for a Quality Developer</a> </li>
</ul>
<p>In this note, we will look at the deal dynamics and provide a table with implied valuation at different share price levels.</p>

Archosaur Games (9990 HK) (ARCH) raised US$263m in its Hong Kong IPO at HK$11.60 per share, the top-end of the price range. We have earlier covered the company extensively in:


Archosaur Games (祖龙娱乐) Pre-IPO - Dragon Raja Will Continue to Drive Revenue - Walkthrough &amp; Thoughts 

Archosaur Games (祖龙娱乐) Pre-IPO - Short Life Cycle, Volatile Revenue, but It May Look Different Soon 

Archosaur Games (祖龙娱乐) IPO - Reasonable Valuation for a Quality Developer 

In this note, we will look at the deal dynamics and provide a table with implied valuation at different share price levels.

Archosaur Games（祖龙娱乐）の取引状況アップデート - コーナーストーン投資家以外の投資家にはほとんど残されていない