APAC IPOs & Placements

Zhen Zhou, Toh

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

<p><a href="https://www.smartkarma.com/entities/amtd-international-inc" target="_blank" data-smartkarma-citation="entities:28137:1" rel="noopener">AMTD International (HKIB US)</a> raised US$174m at US$8.38 per share, close to the top-end of its initial price range. We have covered the IPO in our previous two notes:</p>
<ul>
<li>
<a href="https://www.smartkarma.com/insights/amtd-international-ipo-review-still-an-avoid" target="_blank" data-smartkarma-citation="insights:31341" rel="noopener">AMTD International (尚乘国际) IPO Review - Still an Avoid</a> </li>
<li>
<a href="https://www.smartkarma.com/insights/amtd-international-pre-ipo-avoid-at-all-costs" target="_blank" data-smartkarma-citation="insights:30621" rel="noopener">AMTD International (尚乘国际) Pre-IPO - Avoid at All Costs</a> </li>
</ul>
<p>In this insight, we will update on the deal dynamics, implied valuation, and include a valuation sensitivity table.</p>

AMTD International (HKIB US) raised US$174m at US$8.38 per share, close to the top-end of its initial price range. We have covered the IPO in our previous two notes:


AMTD International (尚乘国际) IPO Review - Still an Avoid 

AMTD International (尚乘国际) Pre-IPO - Avoid at All Costs 

In this insight, we will update on the deal dynamics, implied valuation, and include a valuation sensitivity table.

AMTD International (尚乘国际) Trading Update - One of the Worst First-Day Liquidity

AMTD IDEA Group

AMTD International (尚乘国际) Trading Update - One of the Worst First-Day Liquidity