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 changes in short interest of TWSE Stocks as of Jul 14th which has an aggregated short interest worth USD15.0bn.</li>
<li>We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in Quanta Computer, Inventec, Lite-On Tech, Walsin Lihwa, ASE, Lotus.</li>
</ul>


We analyzed the changes in short interest of TWSE Stocks as of Jul 14th which has an aggregated short interest worth USD15.0bn.
We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in Quanta Computer, Inventec, Lite-On Tech, Walsin Lihwa, ASE, Lotus.


TWSE Short Interest Weekly (Jul 14th): Quanta Computer, Inventec, Lite-On Tech, Walsin Lihwa, ASE

<ul>
<li>We analyzed the changes in short interest of TWSE Stocks as of Jul 7th which has an aggregated short interest worth USD13.8bn.</li>
<li>We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in Quanta Computer, Inventec, Novatek, Lite-On Tech, Yang Ming Marine, ASE, China Airlines.</li>
</ul>


We analyzed the changes in short interest of TWSE Stocks as of Jul 7th which has an aggregated short interest worth USD13.8bn.
We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in Quanta Computer, Inventec, Novatek, Lite-On Tech, Yang Ming Marine, ASE, China Airlines.


TWSE Short Interest Weekly (Jul 7th): Quanta Computer, Inventec, Novatek, Lite-On Tech

Pan-Asia Index Flows & Special Situations, Quiddity Advisors

Janaghan Jeyakumar, CFA

Pan-Asia Index Flows & Special Situations

Quiddity Advisors

Pan-Asia Catalysts/Events

Event-Driven

<ul>
<li>In this insight, we take a look at the names leading the race to become ADDs/DELs for the T50 and T100 Indices for the September 2023 Rebalance.</li>
<li>At present, I see two changes for the T50 index and one change for the T100 index.</li>
<li>The T100 change is an important one as the expected DEL <a href="https://www.smartkarma.com/entities/wisdom-marine-lines-co-ltd" target="_blank" data-smartkarma-citation="entities:10001:1" rel="noopener">Wisdom Marine Lines (2637 TT)</a> could also get deleted from the TDIV index.</li>
</ul>


In this insight, we take a look at the names leading the race to become ADDs/DELs for the T50 and T100 Indices for the September 2023 Rebalance.
At present, I see two changes for the T50 index and one change for the T100 index.
The T100 change is an important one as the expected DEL Wisdom Marine Lines (2637 TT) could also get deleted from the TDIV index.


Quiddity Leaderboard T50/​100 Jun 23: Wisdom Marine Facing TDIV Deletion

Managing Director, Zero One, Zero One

Vincent Fernando, CFA

Managing Director, Zero One

Equity Bottom-Up

Taiwan Semiconductor (TSMC) - ADR / Equity Bottom-Up

<ul>
<li>TSMC reduced capex guidance to the bottom of its guidance range but maintained revenue expectations and still expects substantial growth in 2024E.</li>
<li>Dell, HP, and Qualcomm comments signal an AI-Driven PC refresh cycle ahead and 2024E PC Growth. Windows 11 upgrades could be accelerated as new PC AI applications roll out.</li>
<li>Hon Hai reported that it gained market share globally in 2022, and that it has 40% global market share for servers. Hon Hai's AI servers expected to experience triple-digit growth.</li>
</ul>


TSMC reduced capex guidance to the bottom of its guidance range but maintained revenue expectations and still expects substantial growth in 2024E.
Dell, HP, and Qualcomm comments signal an AI-Driven PC refresh cycle ahead and 2024E PC Growth. Windows 11 upgrades could be accelerated as new PC AI applications roll out.
Hon Hai reported that it gained market share globally in 2022, and that it has 40% global market share for servers. Hon Hai's AI servers expected to experience triple-digit growth.


Taiwan Tech Weekly: TSMC Cuts Capex; Hon Hai AI Servers in Demand; ASE Winning TSMC Orders

<ul>
<li>We analyzed the changes in short interest of TWSE Stocks as of Jun 2nd which has an aggregated short interest worth USD14.5bn.</li>
<li>We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.</li>
<li>We highlight short interest changes in Wistron, Mediatek, Gigabyte Tech, Lite-On Tech, Yageo, Global Unichip, Chunghwa Telecom, Eva Airways, Nanya Tech.</li>
</ul>


We analyzed the changes in short interest of TWSE Stocks as of Jun 2nd which has an aggregated short interest worth USD14.5bn.
We tabulate league table for top short by value and short as multiple of ADT, as well as weekly increases &amp; decreases in short value, short as multiple of ADT.
We highlight short interest changes in Wistron, Mediatek, Gigabyte Tech, Lite-On Tech, Yageo, Global Unichip, Chunghwa Telecom, Eva Airways, Nanya Tech.


TWSE Short Interest Weekly (Jun 2nd): Wistron, Mediatek, Gigabyte Tech, Lite-On Tech, Yageo

Taiwan

Lite-On Technology Corp. manufactures and markets a wide range of computer components and Peripheral equipment. The Company's products include computers, digital home products, consumer electronics, communications products, key components and sub-systems, and optoelectronic components. Power Supplies, Enclosures, and LEDs business are the core of Lite-On Technology's business.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Lite On Technology (2301 TT)

TWSE Short Interest Weekly (Jul 14th): Quanta Computer, Inventec, Lite-On Tech, Walsin Lihwa, ASE

We analyzed TWSE short interest report for the past week and highlight short interest changes in Quanta Computer, Inventec, Lite-On Tech, Walsin...

Ke Yan, CFA, FRM

TWSE Short Interest Weekly (Jul 7th): Quanta Computer, Inventec, Novatek, Lite-On Tech

We analyzed TWSE short interest report for the past week and highlight short interest changes in Quanta Computer, Inventec, Novatek, Lite-On Tech,...

Ke Yan, CFA, FRM

Quiddity Leaderboard T50/100 Jun 23: Wisdom Marine Facing TDIV Deletion

Lite On Tech and Wistron Corp could move from T100 to T50 while Walsin Lihwa and Wan Hai Lines could move from T50 to T100. Aerospace Industrial...

Janaghan Jeyakumar, CFA

Taiwan Tech Weekly: TSMC Cuts Capex; Hon Hai AI Servers in Demand; ASE Winning TSMC Orders

Hon Hai reported that it gained market share globally in 2022, and that it has 40% global market share for servers. Hon Hai's AI servers expected...

Vincent Fernando, CFA

TWSE Short Interest Weekly (Jun 2nd): Wistron, Mediatek, Gigabyte Tech, Lite-On Tech, Yageo

We analyzed TWSE short interest report for the past week and highlight short interest changes in Wistron, Mediatek, Gigabyte Tech, Lite-On Tech,...

Ke Yan, CFA, FRM

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

TWSE Short Interest Weekly (Jul 14th): Quanta Computer, Inventec, Lite-On Tech, Walsin Lihwa, ASE

We analyzed TWSE short interest report for the past week and highlight short interest changes in Quanta Computer, Inventec, Lite-On Tech, Walsin...

Ke Yan, CFA, FRM

TWSE Short Interest Weekly (Jul 7th): Quanta Computer, Inventec, Novatek, Lite-On Tech

We analyzed TWSE short interest report for the past week and highlight short interest changes in Quanta Computer, Inventec, Novatek, Lite-On Tech,...

Ke Yan, CFA, FRM

Quiddity Leaderboard T50/​100 Jun 23: Wisdom Marine Facing TDIV Deletion

Lite On Tech and Wistron Corp could move from T100 to T50 while Walsin Lihwa and Wan Hai Lines could move from T50 to T100. Aerospace Industrial...

Janaghan Jeyakumar, CFA

Taiwan Tech Weekly: TSMC Cuts Capex; Hon Hai AI Servers in Demand; ASE Winning TSMC Orders

Hon Hai reported that it gained market share globally in 2022, and that it has 40% global market share for servers. Hon Hai's AI servers expected...

Vincent Fernando, CFA

TWSE Short Interest Weekly (Jun 2nd): Wistron, Mediatek, Gigabyte Tech, Lite-On Tech, Yageo

We analyzed TWSE short interest report for the past week and highlight short interest changes in Wistron, Mediatek, Gigabyte Tech, Lite-On Tech,...

Ke Yan, CFA, FRM

Quiddity Leaderboard T50/100 Jun 23: Wisdom Marine Facing TDIV Deletion