Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of Research, 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>Tianqi Lithium (TL) raised around US$2bn via its H-shares listing. It undertakes mining of lithium ore and manufacturing of lithium concentrate, lithium compounds and derivatives.</li>
<li>TL was the largest producer of mined lithium globally in terms of output in 2020 and ranked third in terms of revenue generated from lithium in 2020.</li>
<li>In this note, we talk about the updates since our last note, along with the trading dynamics.</li>
</ul>


Tianqi Lithium (TL) raised around US$2bn via its H-shares listing. It undertakes mining of lithium ore and manufacturing of lithium concentrate, lithium compounds and derivatives.
TL was the largest producer of mined lithium globally in terms of output in 2020 and ranked third in terms of revenue generated from lithium in 2020.
In this note, we talk about the updates since our last note, along with the trading dynamics.


Tianqi Lithium A/H Trading - A-Shares Have Done Relatively Well, H-Shares Should Follow

Articles from Caixin Global, Caixin Global

Caixin Global

Articles from Caixin Global

Caixin is a media group dedicated to providing financial and business news through periodicals, online content, mobile apps, conferences, books and TV/video programs. Caixin aims to blaze a trail that helps traditional media prosper in the new media age through integrated multimedia platforms.

News from Caixin

Cross Asset Strategy

<ul><li>Caixin Explains: China takes another step to unshackle interest rates</li><li>Uproar over a baby taken during the one-child policy days</li><li>Shenzhen codifies living wills, giving terminally ill patients more rights</li></ul>

Caixin Explains: China takes another step to unshackle interest ratesUproar over a baby taken during the one-child policy daysShenzhen codifies living wills, giving terminally ill patients more rights

CX Daily: China Takes Another Step to Unshackle Interest Rates

SK IE Technology   / Equity Capital Markets

<ul>
<li>SK IE Technology’s (SKIE) shareholder aims to raise around US$228m via selling their remaining shareholding.</li>
<li>The same shareholder had sold some of their stake earlier in Nov 21. That deal didn’t end up doing well.</li>
<li>In this note, we will talk about the deal dynamics and  run the deal through our ECM framework.</li>
</ul>


SK IE Technology’s (SKIE) shareholder aims to raise around US$228m via selling their remaining shareholding.
The same shareholder had sold some of their stake earlier in Nov 21. That deal didn’t end up doing well.
In this note, we will talk about the deal dynamics and  run the deal through our ECM framework.


SK IE Technology Placement - Last Deal Didn’t Do Well, More Discount and Cleanup Should Help

Founder & CEO Bond Angle, LLC, Bond Angle, LLC

Vicki Bryan

Founder & CEO Bond Angle, LLC

Bond Angle, LLC

Insightful commentary and analysis on bond markets and market movers, including financial, economic, and industry catalysts and management shenanigans. 

High yield market investment research

Credit

<ul>
<li>
Weak deliveries tracked my cautious estimate, but fell near the low end of rapidly declining market consensus as investors grapple with Tesla's struggles;</li>
<li>I expect weak sales in China and Europe, the world's largest EV markets, likely accounted for most of the sizable drop versus the past two quarters;</li>
<li>The biggest question for investors: is Tesla stabilizing or will it continue to fall behind more robust competitors. </li>
</ul>



Weak deliveries tracked my cautious estimate, but fell near the low end of rapidly declining market consensus as investors grapple with Tesla's struggles;
I expect weak sales in China and Europe, the world's largest EV markets, likely accounted for most of the sizable drop versus the past two quarters;
The biggest question for investors: is Tesla stabilizing or will it continue to fall behind more robust competitors. 


<ul>
<li>Elon Musk suddenly admitted Tesla is burning billions at its Austin &amp; Berlin plants.
</li>
<li>This happened to come just as he likely saw Q2 becoming "super bad," as I had warned, since plunging China sales mean Tesla can't mask big losses as usual.</li>
<li>Tesla's problems are bigger than second quarter woes—and they're not going away anytime soon.</li>
</ul>


Elon Musk suddenly admitted Tesla is burning billions at its Austin &amp; Berlin plants.

This happened to come just as he likely saw Q2 becoming "super bad," as I had warned, since plunging China sales mean Tesla can't mask big losses as usual.
Tesla's problems are bigger than second quarter woes—and they're not going away anytime soon.


Elon Suddenly Admits Massive Tesla Losses (Because Other News Out Soon Is Even Worse)

United States

Tesla Inc. operates as a multinational automotive and clean energy company. The Company designs and manufactures electric vehicles, battery energy storage from home to grid-scale, solar panels and solar roof tiles, and related products and services. Tesla owns its sales and service network and sells electric power train components to other automobile manufacturers.

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Tesla (TSLA US)

Tianqi Lithium A/H Trading - A-Shares Have Done Relatively Well, H-Shares Should Follow

Tianqi Lithium (TL) raised around US$2bn via its H-shares listing. In this note, we talk about the updates since our last notes, along with the...

Sumeet Singh

CX Daily: China Takes Another Step to Unshackle Interest Rates

Caixin Explains: China takes another step to unshackle interest rates. Uproar over a baby taken during the one-child policy days

Caixin Global

SK IE Technology Placement - Last Deal Didn’t Do Well, More Discount and Cleanup Should Help

SK IE Technology’s (SKIE) shareholder aims to raise around US$228m via selling their remaining shareholding. The last deal didn't do well.

Sumeet Singh

Soft Tesla Q2 Deliveries Disappoint

Soft Q2 deliveries tracked my estimates, but fell to low end of reduced market estimates. Worse, Q2 was to be last easy comp this year—the second...

Vicki Bryan

Elon Suddenly Admits Massive Tesla Losses (Because Other News Out Soon Is Even Worse)

Elon Musk admitted Tesla is burning billions at Austin & Berlin plants—just as he saw Q2 becoming "super bad" as I warned cuz plunging China sales...

Vicki Bryan

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