In today’s briefing:
- Sanil Electric IPO Trading – Strong Institutional Demand, Highest Subscription Rate This Year
- Morning Views Asia: SK Hynix
Sanil Electric IPO Trading – Strong Institutional Demand, Highest Subscription Rate This Year
- Sanil Electric (062040 KS) raised around US$193m in its Korea IPO, after pricing the deal above the top end of the range at KRW35,000/share.
- Sanil Electric is a specialized company that manufactures and sells reactors, transformers, railway vehicle parts, and switchboards. As an industrial transformer manufacturer, the company mainly manufactures power and distribution transformers.
- In this note, we will talk about the demand for the deal and other trading dynamics.
Morning Views Asia: SK Hynix
Lucror Analytics Morning Views comprise our fundamental credit analysis, opinions and trade recommendations on high yield issuers in the region, based on key company-specific developments in the past 24 hours. Our Morning Views include a section with a brief market commentary, key market indicators and a macroeconomic and corporate event calendar.
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