APAC IPOs & Placements

Zhen Zhou, Toh

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

<div><a href="https://www.smartkarma.com/entities/yidu-tech-inc" target="_blank" data-smartkarma-citation="entities:29245:1" rel="noopener">Yidu Tech Inc (YID HK)</a>  is looking to raise about US$500m in its upcoming IPO. The company recently filed its post hearing information pack (PHIP) document. </div><div>
Yidu is a healthcare data solution provider. It leverages big data and artificial intelligence (AI) technologies and provides solutions to key healthcare participants that include mainly hospitals, pharmaceutical, biotech and medical device companies, regulators and policy makers. 
In this note, we will discuss our assumptions and forecast, and share our thoughts on peers and valuation.
</div>

Yidu Tech Inc (YID HK)  is looking to raise about US$500m in its upcoming IPO. The company recently filed its post hearing information pack (PHIP) document. 
Yidu is a healthcare data solution provider. It leverages big data and artificial intelligence (AI) technologies and provides solutions to key healthcare participants that include mainly hospitals, pharmaceutical, biotech and medical device companies, regulators and policy makers. 
In this note, we will discuss our assumptions and forecast, and share our thoughts on peers and valuation.


Yidu Tech (医渡云) Pre-IPO - Forecast and Peer Valuation

Equity Analyst, LightStream Research

Shifara Samsudeen, ACMA, CGMA

Equity Analyst

Long-Short Analysis on Japan, Asia and the World

LightStream Research

LightStream conducts quantitatively rigorous and data-driven analysis with a focus on Japan and Asia.

We consistently cover the Tech, Consumer and Industrial sectors, and provide ECM and Events coverage more broadly.

We supplement traditional qualitative insights from company relationships with a robust quantitative foundation that examines as much historical data as is available.
We further refine the accuracy of our insights and calls through the use of alternative data to flesh out current trends, and through a valuation framework that emphasises non-superficial peer group selection and a proper attempt to understand the metrics and changes that have driven security valuations in the past.

<a href="https://www.smartkarma.com/entities/yidu-tech-inc" target="_blank" data-smartkarma-citation="entities:29245:1" rel="noopener">Yidu Tech Inc (YID HK)</a>  is a big data and AI solutions provider for healthcare sector and the company was ranked no. 1 in terms of revenue among all healthcare big data solution providers in China in 2019. The company has filed for an IPO to list its shares on the Hong Kong Stock Exchange to raise about US$500m.In our previous two insights on the company’s IPO, we examined Yidu Tech’s business model, business segments, pricing, industry and the revenues. In this insight, we examine the company’s profitability and its potential to generate operating profits over the next few years.Read our previous two insights on the company's IPO:<a href="https://www.smartkarma.com/insights/yidu-tech-pre-ipo-first-look" target="_blank" data-smartkarma-citation="insights:46340" rel="noopener">Yidu Tech Pre-IPO: First Look</a> <a href="https://www.smartkarma.com/insights/yidu-tech-ipo-strong-top-line-growth-new-markets-and-offerings-should-support-further-growth" target="_blank" data-smartkarma-citation="insights:46380" rel="noopener">Yidu Tech IPO: Strong Top Line Growth; New Markets and Offerings Should Support Further Growth</a>

Yidu Tech Inc (YID HK)  is a big data and AI solutions provider for healthcare sector and the company was ranked no. 1 in terms of revenue among all healthcare big data solution providers in China in 2019. The company has filed for an IPO to list its shares on the Hong Kong Stock Exchange to raise about US$500m.In our previous two insights on the company’s IPO, we examined Yidu Tech’s business model, business segments, pricing, industry and the revenues. In this insight, we examine the company’s profitability and its potential to generate operating profits over the next few years.Read our previous two insights on the company's IPO:Yidu Tech Pre-IPO: First Look Yidu Tech IPO: Strong Top Line Growth; New Markets and Offerings Should Support Further Growth 

Yidu Tech IPO: Seems to Have a Clear Path to Profits

IPOs and Catalysts/Events, Global Equity Research Ltd

Arun George

IPOs and Catalysts/Events

Uncompromised, Independent, Conflict-Free Research

Global Equity Research Ltd

Global Equity Research was started in 2017 by a group of experienced research professionals. It was founded on a passionate belief in the importance and the need for uncompromised, independent, conflict-free research. We aim to provide differentiated and actionable primary and bottom up fundamental research.

<a href="https://www.smartkarma.com/entities/yidu-tech-inc" target="_blank" data-smartkarma-citation="entities:29245:1" rel="noopener">Yidu Tech Inc (YID HK)</a> is a software company that offers healthcare solutions built on big data and artificial intelligence (AI) technologies. Yidu ranked No.1 in terms of revenue among all healthcare big data solution providers in China in 2019 with a market share of 5.0% in the healthcare big data solutions market in China, according to EY. Yidu is backed by GIC and <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>. Yidu is pre-marketing a Hong Kong IPO to raise as much as $500 million, according to press reports.<div class="content-highlight">Yidu is a play on China’s healthcare industry rising spend on IT and data services. Hospitals are investing in solutions to digitalize hospital operations, clinical practice, academic research, and patient services. Regulators and policymakers at national, provincial, and local municipal levels are investing in systems and platforms for data connectivity and public health monitoring. Yidu is benefiting from these structural trends by delivering breakneck growth and steadily reducing losses. Overall, we believe that Yidu is an attractive play on these market dynamics.</div>

Yidu Tech Inc (YID HK) is a software company that offers healthcare solutions built on big data and artificial intelligence (AI) technologies. Yidu ranked No.1 in terms of revenue among all healthcare big data solution providers in China in 2019 with a market share of 5.0% in the healthcare big data solutions market in China, according to EY. Yidu is backed by GIC and Tencent Holdings (700 HK). Yidu is pre-marketing a Hong Kong IPO to raise as much as $500 million, according to press reports.Yidu is a play on China’s healthcare industry rising spend on IT and data services. Hospitals are investing in solutions to digitalize hospital operations, clinical practice, academic research, and patient services. Regulators and policymakers at national, provincial, and local municipal levels are investing in systems and platforms for data connectivity and public health monitoring. Yidu is benefiting from these structural trends by delivering breakneck growth and steadily reducing losses. Overall, we believe that Yidu is an attractive play on these market dynamics.

Yidu Tech IPO Initiation: Patient Revolution

<a href="https://www.smartkarma.com/entities/yidu-tech-inc" target="_blank" data-smartkarma-citation="entities:29245:1" rel="noopener">Yidu Tech Inc (YID HK)</a>  is a big data and AI solutions provider for healthcare sector and the company was ranked no. 1 in terms of revenue among all healthcare big data solution providers in China in 2019.The company has filed for an IPO to list its shares on the Hong Kong Stock Exchange to raise about US$500m.In our previous insight on the company’s IPO, we examined Yidu Tech’s business model, business segments, pricing, industry and a quick look at the company’s revenue and margins. In this insight, we deep dive into business segments and key performance drivers.Read our previous insight on the company's IPO:<a href="https://www.smartkarma.com/insights/yidu-tech-pre-ipo-first-look" target="_blank" data-smartkarma-citation="insights:46340" rel="noopener">Yidu Tech Pre-IPO: First Look</a>

Yidu Tech Inc (YID HK)  is a big data and AI solutions provider for healthcare sector and the company was ranked no. 1 in terms of revenue among all healthcare big data solution providers in China in 2019.The company has filed for an IPO to list its shares on the Hong Kong Stock Exchange to raise about US$500m.In our previous insight on the company’s IPO, we examined Yidu Tech’s business model, business segments, pricing, industry and a quick look at the company’s revenue and margins. In this insight, we deep dive into business segments and key performance drivers.Read our previous insight on the company's IPO:Yidu Tech Pre-IPO: First Look 

Yidu Tech IPO: Strong Top Line Growth; New Markets and Offerings Should Support Further Growth

<a href="https://www.smartkarma.com/entities/yidu-tech-inc" target="_blank" data-smartkarma-citation="entities:29245:1" rel="noopener">Yidu Tech Inc (YID HK)</a>  is looking to raise about US$500m in its upcoming IPO. The company recently filed its post hearing information pack (PHIP) document. Yidu is a healthcare data solution provider. It leverages big data and artificial intelligence (AI) technologies and provides solutions to key healthcare participants that include mainly hospitals, pharmaceutical, biotech and medical device companies, regulators and policy makers. In this note, we will look at the company's business, operating data, revenue drivers, and share our thoughts on the business.

Yidu Tech Inc (YID HK)  is looking to raise about US$500m in its upcoming IPO. The company recently filed its post hearing information pack (PHIP) document. Yidu is a healthcare data solution provider. It leverages big data and artificial intelligence (AI) technologies and provides solutions to key healthcare participants that include mainly hospitals, pharmaceutical, biotech and medical device companies, regulators and policy makers. In this note, we will look at the company's business, operating data, revenue drivers, and share our thoughts on the business.

Yidu Tech (医渡云) Pre-IPO - Big Buzzwords

China

Shanghai Hi-tech Control System Co. Ltd. designs, manufactures, distributes, and provides industrial automation, electric systems, electronic and IT system integration products and services.

Daheng New Epoch Technology Inc. produces network storage products, designs virtual reality software, and provides system integration services.  The Company also designs, develops, and manufactures fine films used in the fiber-optics application, laser processed false proof packaging materials, radiotherapy equipment, and television digital network editing and broadcast system.

Daheng New Epoch Technology, Inc (600288 CH)

United Electronics Company Limited provides data centers of large and medium enterprises with system integration and related technical services. The Company's main products include system integration and technical services.

Wiscom System Co., Ltd. provides software technology, design and consulting services to power-generating enterprises. The company also researches, develops and markets information technology products for colleges and universities.

Guangdong Eastone Century Technology Company Limited provides communication network technology services and system solutions. The Company's main services include technical services such as communication network construction, maintenance and optimization, business support and IT applications related system solutions.

Beijing Trust & Far Technology Company Limited provides IT operational and maintenance services.  The Company's main products include IT infrastructure services, development and sales of IT infrastructure management software, and integration systems and services.

Beijing Transtrue Technology Inc. provides integrated multimedia video solutions. The Company offers a range of services, including consulting design, development, integration and services.

Vixtel Technologies Holdings Limited is an holding company. The Company, through its subsidiaries, are principally engaged in providing application and network performance management and monitoring solutions. Vixtel Technologies Holdings serves customers in the People's Republic of China.

Beijing Teamsun Technology Co., Ltd. develops system integration service for the telecommunication and finance industry. The Company also provides consulting services and markets its product under brand name Teamsun.

Beijing Teamsun Technology Co, Ltd. (600410 CH)

Anhui Wantong Technology Co Ltd. develops information technology software and integration system for highways and provides maintenance services.  The Company also designs, installs and repairs video monitoring network, communication system, and control system.

Comture Corp offers groupware solution and web solution which provides information sharing environments. The Company offers ERP solution services as well as provides network management services.

TDC SOFTWARE ENGINEERING Inc. provides system development services including consultation, installation, operation, and maintenance of the system.  The Company develops network software, and also business management software for such industries as manufacturing, distribution, finance, and retail.  TDC also sells packaged software and hardware products.

Hinduja Global Solutions Ltd. offers business process outsourcing and contact center services.

Cigniti Technologies Ltd. offers information technology services. The Company offers software product testing; performance testing; test automation; mobile testing; test, management and network consulting; and software for organization information, technical  evaluations, and employee management applications.

CMC Corporation manufactures computers.  The Company produces desktop and laptop computers and servers.  CMC also offers systems integration services.

SNP Schneider-Neureither & Partner AG provides software and software related services for the business landscape transformation. The Company's software is used by businesses to implement changes to their IT landscape, business processes and structures. SNP also offer consulting services.

Snp Schneider-Neureither & Partner Ag (SHF GY)

Cafe24 Corp. provides electronic commerce services. The Company offers web hosting, server hosting, e-commerce hosting, e-commerce marketing consulting, and other web services. Cafe24 provides services worldwide.

JBCC Holdings Inc. is a domestic distributor of IBM Japan's hardware and software.  The Company designs, constructs, introduces, operates, and maintains information systems for its customers.  JBCC also provides system solutions.

ZUKEN INC. plans, develops, and sells computer-aided design (CAD), computeraided manufacturing (CAM), and computer-aided engineering (CAE) system services. The Company operates an overseas production subsidiary in England and sales subsidiaries in the US, England, the Netherlands, Germany, Austria, Switzerland, France, Italy, Korea, and Singapore.

Cass Information Systems, Inc. provides freight and utility invoice payment services to Fortune 500 and major logistics companies across North America.  The Company also provides specialized banking services to privately held companies in St. Louis, Missouri, and to churches throughout the United States.

Chinese big data and AI-powered healthcare solutions provider.

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

Yidu Tech Inc (2158 HK)

Yidu Tech (医渡云) Pre-IPO - Forecast and Peer Valuation

Yidu Tech Inc (YID HK) is looking to raise about US$500m in its upcoming IPO. The company recently filed its post hearing information pack (PHIP)...

Zhen Zhou, Toh

Yidu Tech IPO: Seems to Have a Clear Path to Profits

Yidu Tech has filed for an IPO to raise about US$500m. In this insight, we examine the company’s profitability and its potential to generate...

Shifara Samsudeen, ACMA, CGMA

Yidu Tech IPO Initiation: Patient Revolution

Yidu is pre-marketing a Hong Kong IPO to raise as much as $500 million. Overall, Yidu is an attractive play on rising IT spend in China’s...

Arun George

Yidu Tech IPO: Strong Top Line Growth; New Markets and Offerings Should Support Further Growth

Yidu Tech has filed for an IPO to list its shares on the Hong Kong Stock Exchange to raise about US$500m. In this insight, we deep dive into...

Shifara Samsudeen, ACMA, CGMA

Yidu Tech (医渡云) Pre-IPO - Big Buzzwords

Yidu is a healthcare data solution provider. It leverages big data and artificial intelligence (AI) technologies and provides solutions to key...

Zhen Zhou, Toh

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)