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 (Dec 29th): China Tourism, ZTE, Datang Intl, First Tractor, Hua Hong Semi

A-H Premium Weekly (Jan 5th): BYD, Fuyao Glass, China Southern, China Longyuan

A-H Premium Weekly (Jan 12th): China Tourism, Ccb, Fuyao Glass, China Longyuan, Flat Glass Gro, SMIC

A-H Premium Weekly (Dec 15th): CMB, China Tourism, Ping An Insurance, BYD

A-H Premium Weekly (Dec 8th): CMB, Ping An Insurance, Beigene

A-H Premium Weekly (Dec 1st): CMB, Ping An Insurance, Beigene, Ganfeng Lithium

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

<ul>
<li>We analyse the changes of A-H premium on 146 stocks over the last week. The average A-H premium was 127.6% as of Dec 22nd.</li>
<li>The average A-H premium changed by -0.9ppt week on week, led by communication services, real estate, utilities and offset by health care, consumer discretionary.</li>
<li>We highlight weekly changes in A-H premium for China Tourism, Ping An Insurance, China Southern, BYD, Fuyao Glass Industry.</li>
</ul>


We analyse the changes of A-H premium on 146 stocks over the last week. The average A-H premium was 127.6% as of Dec 22nd.
The average A-H premium changed by -0.9ppt week on week, led by communication services, real estate, utilities and offset by health care, consumer discretionary.
We highlight weekly changes in A-H premium for China Tourism, Ping An Insurance, China Southern, BYD, Fuyao Glass Industry.


Haitong Securities Co Ltd (A) (600837 CH)

Hangzhou Tigermed Consulting (A) (300347 CH)

Shanghai Haohai Biological Technology (6826 HK)

Zhengzhou Coal Mining Machinery Group Co (601717 CH)

Beijing Jingcheng Machinery Electric (187 HK)

Cssc Offshore & Marine Engg Group (317 HK)

Zhengzhou Coal Mining Machinery Group Co (564 HK)

Shanghai Dazhong Public Utilities - A (600635 CH)

China Tourism Group Duty Free Corp Ltd (601888 CH)

Semiconductor Manufacturing International Corp (SMIC) (981 HK)

Semiconductor Manufacturing International Corp (SMIC)

Shanghai Fudan Microelectronics H (1385 HK)

Hisense Home Appliances Group Co., Ltd. H (921 HK)

Hisense Home Appliances Group Co., Ltd. H

Shanghai Dazhong Public Utilities - H (1635 HK)

Datang International Power Gen (601991 CH)

Huaneng Power International In (600011 CH)

CSSC Offshore and Marine Engin (600685 CH)

Hisense Home Appliances Group (000921 CH)

Shenzhen HepaLink Pharmaceutical (H) (9989 HK)

Shanghai Haohai Biological Tec (688366 CH)

Semiconductor Manufacturing International Corporation (SMIC) (688981 CH)

Semiconductor Manufacturing International Corporation (SMIC)

Shanghai Fudan Microelectronic (688385 CH)

Beijing Jingcheng Machinery Electric (600860 CH)

China Suntien Green Energy Cor (600956 CH)

A-H Premium Weekly (Dec 22nd): China Tourism, Ping An Insurance, China Southern, BYD