APAC IPOs & Placements, Aequitas Research

Nicholas Tan

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

<ul>
<li>
<a href="https://www.smartkarma.com/entities/coree-company-limited" target="_blank" data-smartkarma-citation="entities:46173:1" rel="noopener">COREE (COREE HK)</a> is looking to raise at least US$100m in its upcoming Hong Kong IPO. The deal will be run by CICC.</li>
<li>COREE is a leading integrated healthcare solution provider in China.</li>
<li>It focuses on the specialized pediatric medicine marketing, promotion, and sales market as well as the bio-health sector.</li>
</ul>



COREE (COREE HK) is looking to raise at least US$100m in its upcoming Hong Kong IPO. The deal will be run by CICC.
COREE is a leading integrated healthcare solution provider in China.
It focuses on the specialized pediatric medicine marketing, promotion, and sales market as well as the bio-health sector.


<ul>
<li>
<a href="https://www.smartkarma.com/entities/busy-ming-group" target="_blank" data-smartkarma-citation="entities:45154:1" rel="noopener">Busy Ming Group (BMG HK)</a> is looking to raise around US$500m in its upcoming Hong Kong IPO.</li>
<li>It is a rapidly growing food and beverage retailer in China. Stores are typically located in high-traffic, high visibility, and easily accessible street-side locations.</li>
<li>In this note, we look at the firm's PHIP updates.</li>
</ul>



Busy Ming Group (BMG HK) is looking to raise around US$500m in its upcoming Hong Kong IPO.
It is a rapidly growing food and beverage retailer in China. Stores are typically located in high-traffic, high visibility, and easily accessible street-side locations.
In this note, we look at the firm's PHIP updates.


Aequitas: Busy Ming Pre-IPO: PHIP Update- Successful Integration and Profitability Inflection

Shanghai Longcheer Technology / Equity Capital Markets

Shanghai Longcheer Technology Co., Ltd provides complete mobile terminal solutions for smart devices. The Company mainly designs, develops and produces smartphones, tablets, artificial intelligence internet of things products, and others. Shanghai Longcheer Technology markets its products across worldwide.

Shanghai Longcheer Technology (603341 CH)

<ul>
<li>
<a href="https://www.smartkarma.com/entities/shanghai-longcheer-technology-co-ltd" target="_blank" data-smartkarma-citation="entities:36881:1" rel="noopener">Shanghai Longcheer Technology (603341 CH)</a>, a leading global provider of smart devices and services, aims to raise up to US$300m in its H-share listing.</li>
<li>Longcheer Technology is a leading global provider of smart devices and services, delivering full-stack solutions that encompass product research, design, manufacturing, and support for major global technology brand. </li>
<li>In this note, we look at its past performance and other deal dynamics that might impact the listing.</li>
</ul>



Shanghai Longcheer Technology (603341 CH), a leading global provider of smart devices and services, aims to raise up to US$300m in its H-share listing.
Longcheer Technology is a leading global provider of smart devices and services, delivering full-stack solutions that encompass product research, design, manufacturing, and support for major global technology brand. 
In this note, we look at its past performance and other deal dynamics that might impact the listing.


Longcheer Technology A/H Listing: More Expensive than Biggest Customer, Xiaomi

Nippon Building Fund / Equity Capital Markets

Nippon Building Fund Inc. is a real estate investment trust (REIT) which mainly invests in real estate and securitized real estate products. Properties are mainly Business offices and are located in Tokyo Major 5 wards and Kanto area.

<ul>
<li>
<a href="https://www.smartkarma.com/entities/nippon-building-fund-inc" target="_blank" data-smartkarma-citation="entities:1900:1" rel="noopener">Nippon Building Fund (8951 JP)</a> is looking to raise US$141m in its primary offering, to fund the acquisition of assets from its sponsor.</li>
<li>The assets are, namely, the Nohonbashi Honcho M-Square and Toyosu Bayside Cross Tower.</li>
<li>In this note, we will talk about the placement and run the deal through our ECM framework.</li>
</ul>



Nippon Building Fund (8951 JP) is looking to raise US$141m in its primary offering, to fund the acquisition of assets from its sponsor.
The assets are, namely, the Nohonbashi Honcho M-Square and Toyosu Bayside Cross Tower.
In this note, we will talk about the placement and run the deal through our ECM framework.


Nippon Building Fund Placement: Previous Primary Placement Did Well

HPSP Co., Ltd operates as a manufacturing company. The Company manufactures semiconductor devices, systems and others. HPSP also provides related solution services.

<ul>
<li>Crescendo Equity Partners is looking to raise ~US$213m via a secondary placement of its shares in <a href="https://www.smartkarma.com/entities/hpsp-co-ltd" target="_blank" data-smartkarma-citation="entities:36004:1" rel="noopener">HPSP (403870 KS)</a> . </li>
<li>This comes on the heels of shopping out its stake to other giant P.E firms.</li>
<li>In this note, we will talk about the placement and run the deal through our ECM framework.</li>
</ul>


Crescendo Equity Partners is looking to raise ~US$213m via a secondary placement of its shares in HPSP (403870 KS) . 
This comes on the heels of shopping out its stake to other giant P.E firms.
In this note, we will talk about the placement and run the deal through our ECM framework.


HPSP Placement: Opportunistic Selldown by Cresendo Equity Partners

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%.

Nicholas Tan
APAC IPOs & Placements
• Aequitas Research

COREE Co Pre-IPO Tearsheet

COREE (COREE HK) plans to raise over US$100m in Hong Kong IPO, led by CICC. A key player in China's healthcare industry, specializing in pediatric...

Nicholas Tan

Aequitas: Busy Ming Pre-IPO: PHIP Update- Successful Integration and Profitability Inflection

Busy Ming is looking to raise around US$500m in its upcoming Hong Kong IPO. In this note, we look at the firm's PHIP updates.

Nicholas Tan

Longcheer Technology A/H Listing: More Expensive than Biggest Customer, Xiaomi

Longcheer Technology, a leading global provider of smart devices and services, aims to raise up to US$300m in its H-share listing.

Nicholas Tan

Nippon Building Fund Placement: Previous Primary Placement Did Well

Nippon Building Fund plans to raise US$141m for acquisition of Nohonbashi Honcho M-Square and Toyosu Bayside Cross Tower. We analyze the the deal...

Nicholas Tan

HPSP Placement: Opportunistic Selldown by Cresendo Equity Partners

Crescendo Equity Partners plans to raise $213m through a secondary placement of shares in HPSP. The article discusses the placement and analyzes...

Nicholas Tan

COREE Co Pre-IPO Tearsheet

​COREE (COREE HK) plans to raise over US$100m in Hong Kong IPO, led by CICC. A key player in China's healthcare industry, specializing in pediatric...

Nicholas Tan

Aequitas: Busy Ming Pre-IPO: PHIP Update- Successful Integration and Profitability Inflection

Busy Ming is looking to raise around US$500m in its upcoming Hong Kong IPO. In this note, we look at the firm's PHIP updates.

Nicholas Tan

Longcheer Technology A/H Listing: More Expensive than Biggest Customer, Xiaomi

Longcheer Technology, a leading global provider of smart devices and services, aims to raise up to US$300m in its H-share listing.

Nicholas Tan

Nippon Building Fund Placement: Previous Primary Placement Did Well

​Nippon Building Fund plans to raise US$141m for acquisition of Nohonbashi Honcho M-Square and Toyosu Bayside Cross Tower. We analyze the the deal...

Nicholas Tan

HPSP Placement: Opportunistic Selldown by Cresendo Equity Partners

​Crescendo Equity Partners plans to raise $213m through a secondary placement of shares in HPSP. The article discusses the placement and analyzes...

Nicholas Tan

COREE (COREE HK) plans to raise over US$100m in Hong Kong IPO, led by CICC. A key player in China's healthcare industry, specializing in pediatric...

Nippon Building Fund plans to raise US$141m for acquisition of Nohonbashi Honcho M-Square and Toyosu Bayside Cross Tower. We analyze the the deal...

Crescendo Equity Partners plans to raise $213m through a secondary placement of shares in HPSP. The article discusses the placement and analyzes...