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

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 (Sep 1st):Zhejiang Shiba, Cansino Biolog, Nanjing Panda, China Railway

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

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

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 Health care / 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 116.7% as of Aug 25th. </li>
<li>The average A-H premium changed by -3.6ppt week on week, led by health care, information technology, financials and offset by communication services. </li>
<li>We highlight weekly changes in A-H premium for Wuxi Apptec, CICC, China Telecom, China Longyuan, Hua Hong Semiconductor.</li>
</ul>


We analyse the changes of A-H premium on 146 stocks over the last week. The average A-H premium was 116.7% as of Aug 25th. 
The average A-H premium changed by -3.6ppt week on week, led by health care, information technology, financials and offset by communication services. 
We highlight weekly changes in A-H premium for Wuxi Apptec, CICC, China Telecom, China Longyuan, Hua Hong Semiconductor.


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