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 (Mar 14th): CIMC, Sinotrans, Joinn Lab, Huahong Semicon, Huaneng Power

A-H Premium Weekly (Mar 7th):Angang Steel, Hua Hong Semiconductor, Beigene, CHALCO

A-H Premium Weekly (Feb 28th): Anhui Conch Cement, China Galaxy Securities, Pharmaron Beijing

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

Zhuzhou CRRC Times Electric Co., Ltd. (3898 HK)

<ul>
<li>We analyse the changes of A-H premium on 150 stocks over the last week. The average A-H premium was 83.3% as of Mar 21st.</li>
<li>The average A-H premium changed by -0.4ppt week-on-week, led by utilities, consumer discretionary, communication services and offset by consumer staples, financials.</li>
<li>We highlight weekly changes in A-H premium for Huadian Power, Livzon Pharma, Joinn Lab, Maanshan Iron&amp;Steel, Datang Intl Power.</li>
</ul>


We analyse the changes of A-H premium on 150 stocks over the last week. The average A-H premium was 83.3% as of Mar 21st.
The average A-H premium changed by -0.4ppt week-on-week, led by utilities, consumer discretionary, communication services and offset by consumer staples, financials.
We highlight weekly changes in A-H premium for Huadian Power, Livzon Pharma, Joinn Lab, Maanshan Iron&amp;Steel, Datang Intl Power.


Hangzhou Tigermed Consulting (A) (300347 CH)

Chongqing Rural Commercial Bank (3618 HK)

China International Capital Corporation (3908 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)

Shandong Xinhua Pharmaceutical Company (719 HK)

Shanghai Fosun Pharmaceutical (Group) (2196 HK)

China International Marine Cntnrs Gp (2039 HK)

Shanghai Fosun Pharmaceutical (Group) (600196 CH)

Shandong Gold Mining Co., Ltd (600547 CH)

China Pacific Insurance (Group) Co., (601601 CH)

Shanghai Fudan Microelectronics H (1385 HK)

China International Marine Containers A (000039 CH)

Datang International Power Gen (601991 CH)

Huaneng Power International In (600011 CH)

Livzon Pharmaceutical Group In (000513 CH)

CSSC Offshore and Marine Engin (600685 CH)

Postal Savings Bank of China C (601658 CH)

A-H Premium Weekly (Mar 21st): 47 Stocks at 52 Week High A-H Premium

China Utilities

A-H Premium Weekly (Mar 21st): 47 Stocks at 52 Week High A-H Premium