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 KRX Stocks as of Apr 12th which has an aggregated short interest worth USD6.7bn.</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 HMM, LG Electronics .</li>
</ul>


We analyzed the changes in short interest of KRX Stocks as of Apr 12th which has an aggregated short interest worth USD6.7bn.
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 HMM, LG Electronics .


KRX Short Interest Weekly (Apr 12th): HMM, LG Electronics

<ul>
<li>We analyzed the changes in short interest of KRX Stocks as of Feb 16th which has an aggregated short interest worth USD7.9bn.</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 have highlighted short interest weekly changes in Enchem, HMM.</li>
</ul>


We analyzed the changes in short interest of KRX Stocks as of Feb 16th which has an aggregated short interest worth USD7.9bn.
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 have highlighted short interest weekly changes in Enchem, HMM.


KRX Short Interest Weekly (Feb 16th): Enchem, HMM

Korea/Asia, Events, IPOs, Douglas Research Advisory

Douglas Kim

Korea/Asia, Events, IPOs

Event-Driven

Lotte Chilsung Beverage Co / Event-Driven

<ul>
<li>After the market close today, Lotte Chilsung Beverage Co announced that there will be a block deal sale of the company (200,000 shares), representing 2.15% of total outstanding shares.</li>
<li>The discount rate range is 185,250 won to 189,150 won, which are 3% to 5% discount from the closing price today (195,000 won). </li>
<li>We have a Positive view on Lotte Chilsung Beverage and we would take this deal. </li>
</ul>


After the market close today, Lotte Chilsung Beverage Co announced that there will be a block deal sale of the company (200,000 shares), representing 2.15% of total outstanding shares.
The discount rate range is 185,250 won to 189,150 won, which are 3% to 5% discount from the closing price today (195,000 won). 
We have a Positive view on Lotte Chilsung Beverage and we would take this deal. 


Lotte Chilsung Beverage: Block Deal Sale by Hotel Lotte

Thematic (Sector/Industry)

<ul>
<li>We discuss the share price performances of the top 50 F&amp;B companies in Korea and whether these Korean F&amp;B companies could continue to outperform the market amid higher inflation rates.</li>
<li>In general, we do believe that the Korean F&amp;B sector as a whole could continue to outperform the market in times of higher inflation rates. </li>
<li>The F&amp;B sector tends to have lower sensitivity to demand relative to higher product prices and many of them can generally offset higher raw material costs with higher product prices. </li>
</ul>


We discuss the share price performances of the top 50 F&amp;B companies in Korea and whether these Korean F&amp;B companies could continue to outperform the market amid higher inflation rates.
In general, we do believe that the Korean F&amp;B sector as a whole could continue to outperform the market in times of higher inflation rates. 
The F&amp;B sector tends to have lower sensitivity to demand relative to higher product prices and many of them can generally offset higher raw material costs with higher product prices. 


Korean Food & Beverage: An Outperforming Sector Beating Inflation & KOSPI

<ul>
<li>In this insight, we discuss 19 value oriented stocks in KOSPI200 that have been big outperformers YTD but whose share prices have risen less than 100% from 3/20/2020 to 1/25/2022.</li>
<li>Among the 19 stocks in this list, 32% are financials (6 companies) and 16% are F&amp;B (3 companies).</li>
<li>These 19 value-oriented stocks could continue to outperform the market in the next few weeks due to rising inflation, geopolitical uncertainties, and uncertainties regarding how the COVID-19 narrative will end.</li>
</ul>


In this insight, we discuss 19 value oriented stocks in KOSPI200 that have been big outperformers YTD but whose share prices have risen less than 100% from 3/20/2020 to 1/25/2022.
Among the 19 stocks in this list, 32% are financials (6 companies) and 16% are F&amp;B (3 companies).
These 19 value-oriented stocks could continue to outperform the market in the next few weeks due to rising inflation, geopolitical uncertainties, and uncertainties regarding how the COVID-19 narrative will end.


Outperforming Value Stocks With Contrarian Qualities in KOSPI200

South Korea

Lotte Chilsung Beverage Co., Ltd. manufactures alcoholic and non-alcoholic beverages such as carbonic acid drinks, fruit juices, soybean drinks, teas, and traditional health beverages.

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

Lotte Chilsung Beverage Co (005300 KS)

KRX Short Interest Weekly (Apr 12th): HMM, LG Electronics

We analyzed KRX short interest report for the past week. We estimate the short interests were USD6.7bn and highlighted short interest changes in...

Ke Yan, CFA, FRM

KRX Short Interest Weekly (Feb 16th): Enchem, HMM

We have analyzed KRX short interest report for the past week and highlighted short interest weekly changes in Enchem, HMM.

Ke Yan, CFA, FRM

Lotte Chilsung Beverage: Block Deal Sale by Hotel Lotte

After the market close today, Lotte Chilsung Beverage Co announced that there will be a block deal sale of the company (200,000 shares),...

Douglas Kim

Korean Food & Beverage: An Outperforming Sector Beating Inflation & KOSPI

In this insight, we discuss the share price performances of the top 50 F&B companies in Korea and whether these Korean F&B companies could continue...

Douglas Kim

Outperforming Value Stocks With Contrarian Qualities in KOSPI200

In this insight, we discuss 19 value oriented stocks in KOSPI200 that have been big outperformers YTD but whose share prices have risen less than...

Douglas Kim

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)