APAC IPOs & Placements, Aequitas Research

Clarence Chu

At Aequitas we cover all IPOs and placements across Asia-Pac with a deal size of at least US$100m. 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%.

APAC IPOs & Placements

Airpower Technologies Pre-IPO - Steady Topline Growth but Lacks Pricing Power

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.

Equity Capital Markets

AirPower Technologies / Equity Capital Markets

<p><a href="https://www.smartkarma.com/entities/airpower-technologies" target="_blank" data-smartkarma-citation="entities:34168:1" rel="noopener">AirPower Technologies (1679085D HK)</a> is looking to raise US$1bn in its upcoming Hong Kong IPO.</p><p>Airpower Technologies is an industrial gases solution provider with a nationwide footprint in China. Together with Baosteel Group, it leads China’s overall industrial gases market with 12.6% market share and the independent industrial gases market with 22.3% market share in 2020 by revenue as per Frost &amp; Sullivan (F&amp;S). As of Jun 21, the group owns an extensive network of 135 facilities in operation that covers 24 provincial regions in China.</p>

AirPower Technologies (1679085D HK) is looking to raise US$1bn in its upcoming Hong Kong IPO.Airpower Technologies is an industrial gases solution provider with a nationwide footprint in China. Together with Baosteel Group, it leads China’s overall industrial gases market with 12.6% market share and the independent industrial gases market with 22.3% market share in 2020 by revenue as per Frost &amp; Sullivan (F&amp;S). As of Jun 21, the group owns an extensive network of 135 facilities in operation that covers 24 provincial regions in China.

AirPower Technologies

Airpower Technologies Pre-IPO Tearsheet