Asia Pac IPO & Placement Research, China biotech, Aequitas Research

Ke Yan, CFA, FRM

An inquisitive investment analyst with background in both finance and computing. Covering ECM research, biotech, market data analytics.

Asia Pac IPO & Placement Research, China biotech

A-H Premium Weekly (Aug 25th): Wuxi Apptec, CICC, China Telecom, China Longyuan, Hua Hong

China Merchants Bank - New Results: Property Dev. NPLs at 5.5% from 4.1%...  25% Lower Credit Costs

Bank of Ningbo - Doubtful Loans +59%, Loss Loans +38%, Impairment Costs -16%, With Falling LLR/Loans

A-H Premium Weekly (Aug 11th): New China Life, China Rail Cn, Wuapptec Co Lt, Zte, China East Air

A-H Premium Weekly (Aug 4th): Postal Savings Bank, CITIC Sec, China Rail New China Life, CRCC, BYD

A-H Premium Weekly (Jul 28th): China Vanke, CITIC Sec, China Pacific, BYD, CMOC, GF Sec, CICC

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

China Real estate / Quantitative Analysis

<ul>
<li>We analyse the changes of A-H premium on 146 stocks over the last week. The average A-H premium was 120.1% as of Aug 18th. </li>
<li>The average A-H premium changed by 2.9ppt week on week, led by utilities, financials, industrials and offset by consumer staples. </li>
<li>We highlight weekly changes in A-H premium for China Vanke, China East Air, China Life, China Longyuan.</li>
</ul>


We analyse the changes of A-H premium on 146 stocks over the last week. The average A-H premium was 120.1% as of Aug 18th. 
The average A-H premium changed by 2.9ppt week on week, led by utilities, financials, industrials and offset by consumer staples. 
We highlight weekly changes in A-H premium for China Vanke, China East Air, China Life, China Longyuan.


A-H Premium Weekly (Aug 18th):China Vanke, China East Air, China Life, China Longyuan