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.

Event-Driven

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<p>In this insight, we will provide an update on the inclusion news today and recap on the basket performance of stocks that are included into the Hong Kong Connect scheme. </p>
<p>Following the trade idea update, we will highlight interesting flows in the Hong Kong Connect last week. In our weekly HK Connect Flow series, we aim to help our investors understand the flow of southbound trades via the Hong Kong Connect, as analyzed by our proprietary data engine, and highlight interesting observations.<span>In a Hong Kong exchange report released in July, the exchange highlighted that flows from mainland China accounted for 12% of the total trading volume in the market and is ahead of the US investors' 10% and UK investors' 7% share respectively. </span></p>
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<p>We split the stocks eligible for the Hong Kong Connect trade into three groups: HSCEI component stocks, stocks with a market capitalization between USD 1 billion and USD 5 billion, and stocks with a market capitalization between USD 500 million and USD 1 billion.</p>
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<p>In addition, we highlight top inflows into <a href="https://www.smartkarma.com/entities/tencent-holdings-ltd" target="_blank" data-smartkarma-citation="entities:26:1" rel="noopener">Tencent Holdings (700 HK)</a>, <a href="https://www.smartkarma.com/entities/xiaomi-corp" target="_blank" data-smartkarma-citation="entities:24409:1" rel="noopener">Xiaomi Corp (1810 HK)</a>, as well as outflows from <a href="https://www.smartkarma.com/entities/zte-corp-h" target="_blank" data-smartkarma-citation="entities:6922:1" rel="noopener">Zte Corp H (763 HK)</a>, <a href="https://www.smartkarma.com/entities/aia-group-ltd" target="_blank" data-smartkarma-citation="entities:14895:1" rel="noopener">AIA Group Ltd (1299 HK)</a>, and <a href="https://www.smartkarma.com/entities/hong-kong-exchanges-clearing" target="_blank" data-smartkarma-citation="entities:490:1" rel="noopener">HKEX (388 HK)</a>.</p>
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In this insight, we will provide an update on the inclusion news today and recap on the basket performance of stocks that are included into the Hong Kong Connect scheme. 
Following the trade idea update, we will highlight interesting flows in the Hong Kong Connect last week. In our weekly HK Connect Flow series, we aim to help our investors understand the flow of southbound trades via the Hong Kong Connect, as analyzed by our proprietary data engine, and highlight interesting observations.In a Hong Kong exchange report released in July, the exchange highlighted that flows from mainland China accounted for 12% of the total trading volume in the market and is ahead of the US investors' 10% and UK investors' 7% share respectively. 


We split the stocks eligible for the Hong Kong Connect trade into three groups: HSCEI component stocks, stocks with a market capitalization between USD 1 billion and USD 5 billion, and stocks with a market capitalization between USD 500 million and USD 1 billion.


In addition, we highlight top inflows into Tencent Holdings (700 HK), Xiaomi Corp (1810 HK), as well as outflows from Zte Corp H (763 HK), AIA Group Ltd (1299 HK), and HKEX (388 HK).


Trade Idea Update/HK Connect Weekly: Inclusion Effective Today, XD +10%

<p>After the market close on Feb 21st, Friday, Hang Seng announced the results of the index review for the 4Q2019. In our previous note (link<a href="https://www.smartkarma.com/insights/trade-idea-buy-the-candidates-of-hsci-review-and-hk-connect" target="_blank" rel="noopener"> here</a>), we recommend long a basket of stocks that have the potential to be included in the HSCI index, which will be followed by the inclusion into the Hong Kong Connect scheme in a matter of a few weeks' time. Hong Kong Connect Scheme allows mainland investors to purchase Chinese companies listed in Hong Kong without much capital control. We will provide an update of the list of stocks to be included in the HSCI and the trade idea.</p>

After the market close on Feb 21st, Friday, Hang Seng announced the results of the index review for the 4Q2019. In our previous note (link here), we recommend long a basket of stocks that have the potential to be included in the HSCI index, which will be followed by the inclusion into the Hong Kong Connect scheme in a matter of a few weeks' time. Hong Kong Connect Scheme allows mainland investors to purchase Chinese companies listed in Hong Kong without much capital control. We will provide an update of the list of stocks to be included in the HSCI and the trade idea.

Trade Idea (Update): What's Next After HSCI Review Announcement

China

Tiangong International Company Limited manufactures and sales high speed steel cutting tools and die steel.

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Tiangong Intl (826 HK)

Trade Idea Update/HK Connect Weekly: Inclusion Effective Today, XD +10%

In this insight, we will provide an update on the inclusion news today and recap on the basket performance of stocks that are included into the...

Ke Yan, CFA, FRM

Trade Idea (Update): What's Next After HSCI Review Announcement

After the market close on Feb 21st, Friday, Hang Seng announced the results of the index review for the 4Q2019. In our previous note (link here),...

Ke Yan, CFA, FRM

Price Gauge

52-week Range

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