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

Ke Yan, CFA, FRM

Asia Pac IPO & Placement Research, China biotech

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.

Quantitative Analysis

<ul>
<li>We analyzed the latest HK SFC report for aggregate short position as of Aug 23rd.</li>
<li>Top short increases and decreases were tabulated for one week and four week period. </li>
<li>We highlight short changes in Tencent, Jd, Baba, Kuaishou, Tracker Fund, Ckh.</li>
</ul>


We analyzed the latest HK SFC report for aggregate short position as of Aug 23rd.
Top short increases and decreases were tabulated for one week and four week period. 
We highlight short changes in Tencent, Jd, Baba, Kuaishou, Tracker Fund, Ckh.


HK Short Interest Weekly: Tencent, Jd, Baba, Kuaishou, Tracker Fund, Ckh

Asian Equities Analyst, Logistics & Transport, Tracking Traffic

Daniel Hellberg

Asian Equities Analyst, Logistics & Transport

Tracking Traffic

Focusing on Asian logistics, transportation, and travel companies

Equity Capital Markets

<ul>
<li>Draconian 'de minimis' reform proposal in the US has bipartisan support</li>
<li>In Q224 results, rampant signs of a Chinese X-border retail slowdown</li>
<li>Other news: plastics laws, new Amazon threat, SHEIN sustainability initiatives</li>
</ul>


Draconian 'de minimis' reform proposal in the US has bipartisan support
In Q224 results, rampant signs of a Chinese X-border retail slowdown
Other news: plastics laws, new Amazon threat, SHEIN sustainability initiatives


SHEIN & Temu Updates: 'De Minimis' Threat | Chinese X-Border Slowdown | Plastics! | AMZN Project?

Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of Research, IPOs & Placements

Event-Driven

<ul>
<li>
<a href="https://www.smartkarma.com/entities/midea-group-co-ltd-a" target="_blank" data-smartkarma-citation="entities:16185:1" rel="noopener">Midea Group Co Ltd A (000333 CH)</a> one of the world’s largest home appliance producers, aims to raise up to US$3bn in its H-share listing.</li>
<li>Midea Group is one of the world’s largest home appliance manufacturing companies with a presence in over 200 countries. Its A-shares have been listed since 2013.</li>
<li>We have covered the company and deal background in our previous notes. In this note, we talk about the updates since then.</li>
</ul>



Midea Group Co Ltd A (000333 CH) one of the world’s largest home appliance producers, aims to raise up to US$3bn in its H-share listing.
Midea Group is one of the world’s largest home appliance manufacturing companies with a presence in over 200 countries. Its A-shares have been listed since 2013.
We have covered the company and deal background in our previous notes. In this note, we talk about the updates since then.


Midea A/H Listing - Getting Closer to the US$3bn+ Raising, Has a Narrow Window

Blue Lotus Non US Internet research, Blue Lotus Research Institute

Ying Pan

Blue Lotus Non US Internet research

China growth and global non-US Internet equities

Blue Lotus Research Institute

Blue Lotus Research is a Hong Kong Type 4 Licensed investment advisory firm focusing on Chinese growth equities and global non-US Internet equities

Thematic (Sector/Industry)

<ul>
<li>PDD US:PDD valuation cheaper than slower growing e-commerce peers. (/)</li>
<li>SHEIN: SHEIN launches semi- consignment model in the EU.  (/)</li>
<li>BABA US: Taobao launches “Grass-Planting Plan” to drive off-site traffic to Taobao (+) </li>
</ul>


PDD US:PDD valuation cheaper than slower growing e-commerce peers. (/)
SHEIN: SHEIN launches semi- consignment model in the EU.  (/)
BABA US: Taobao launches “Grass-Planting Plan” to drive off-site traffic to Taobao (+) 


[Blue Lotus Daily-TMT Update]:PDD US/SHEIN/SE US/BABA US/JD US/700 HK/NTES US

Equity Bottom-Up

<ul>
<li>Chinese parcel volume growth slowed in July (+22%) vs firmer pace in Q2 (+32%)</li>
<li>At company level, there are signs the steep price declines from H1 are moderating</li>
<li>If worst of price declines is in rearview mirror, beat down names are worth a look</li>
</ul>


Chinese parcel volume growth slowed in July (+22%) vs firmer pace in Q2 (+32%)
At company level, there are signs the steep price declines from H1 are moderating
If worst of price declines is in rearview mirror, beat down names are worth a look


Monthly Chinese Express Tracker | July Volume Growth Eased | Price Declines Moderating (August 2024)

China

Alibaba Group Holding Limited provides online sales services. The Company provides internet infrastructure, electronic commerce, online financial, and internet content services through its subsidiaries. Alibaba Group Holding offers its products and services worldwide.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
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Alibaba Group Holding (9988 HK)

HK Short Interest Weekly: Tencent, Jd, Baba, Kuaishou, Tracker Fund, Ckh

We analyzed the latest HK SFC report for aggregate short position as of Aug 23rd and highlight short interest changes in Tencent, Jd, Baba,...

Ke Yan, CFA, FRM

SHEIN & Temu Updates: 'De Minimis' Threat | Chinese X-Border Slowdown | Plastics! | AMZN Project?

In this roundup of news related to China's direct-to-consumer retail platforms we cover: a new de minimis reform bill in the US, Q2's X-border...

Tracking Traffic

Midea A/H Listing - Getting Closer to the US$3bn+ Raising, Has a Narrow Window

The company has now filed its PHIP and is said to be looking to pre-market its IPO over the coming week, with an aim for launching the IPO later in...

Sumeet Singh

[Blue Lotus Daily-TMT Update]:PDD US/SHEIN/SE US/BABA US/JD US/700 HK/NTES US

PDD US valuation cheaper than e-commerce peers, SHEIN launches consignment model in EU, Taobao's "Grass-Planting Plan" drives off-site traffic.

Blue Lotus Research Institute

Monthly Chinese Express Tracker | July Volume Growth Eased | Price Declines Moderating (August 2024)

There are growing signs the worst of the steep unit price declines that have weighed down the Chinese express sector over the past year are now...

Tracking Traffic

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

HK Short Interest Weekly: Tencent, Jd, Baba, Kuaishou, Tracker Fund, Ckh

We analyzed the latest HK SFC report for aggregate short position as of Aug 23rd and highlight short interest changes in Tencent, Jd, Baba,...

Ke Yan, CFA, FRM

SHEIN & Temu Updates: 'De Minimis' Threat | Chinese X-Border Slowdown | Plastics! | AMZN Project?

In this roundup of news related to China's direct-to-consumer retail platforms we cover: a new de minimis reform bill in the US, Q2's X-border...

Tracking Traffic

Midea A/H Listing - Getting Closer to the US$3bn+ Raising, Has a Narrow Window

The company has now filed its PHIP and is said to be looking to pre-market its IPO over the coming week, with an aim for launching the IPO later in...

Sumeet Singh

[Blue Lotus Daily-TMT Update]:PDD US/SHEIN/SE US/BABA US/JD US/700 HK/NTES US

​PDD US valuation cheaper than e-commerce peers, SHEIN launches consignment model in EU, Taobao's "Grass-Planting Plan" drives off-site traffic.

Blue Lotus Research Institute

Monthly Chinese Express Tracker | July Volume Growth Eased | Price Declines Moderating (August 2024)

There are growing signs the worst of the steep unit price declines that have weighed down the Chinese express sector over the past year are now...

Tracking Traffic

PDD US valuation cheaper than e-commerce peers, SHEIN launches consignment model in EU, Taobao's "Grass-Planting Plan" drives off-site traffic.