Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of IPO & Placements for Aequitas Research. 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%. 
Prior to Aequitas. I was heading Content Strategy for Smartkarma, along with covering IPOs & Placement. In an earlier life I have covered ASEAN property and the banking space in India.

Head of Research, IPOs & Placements

Country Garden Placement - Hot on the Heels of the Last Deal, Momentum Has Shifted

Seazen Group Placement - Won’t Do Much to Debt Profile, However Momentum Has Been Very Strong

CIFI Holdings Placement - Won’t Do Much to Alleviate Debt Profile. Latest Deal Underwater

Morning Views Asia: Central China New Life, Evergrande Auto, Fosun International, Indika Energy

Sunac China Placement - Small Deal Unlikely to Move the Debt Needle by Much

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Gravity Works As WeWork Doesn't; Now Plan B

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/evergrande-real-estate-group-limited" target="_blank" data-smartkarma-citation="entities:479:1" rel="noopener">Evergrande Real Estate Group (3333 HK)</a> plans to raise upto US$1bn via a top-up placement.  </p><p>The stock has been in the news over the past month for not exactly the right reasons. Given its debt woes, the current capital raising is unlikely to do much on a fundamental level. While the discount being offered looks tempting, especially versus the dilution, all of the past deals in the name haven't done well. </p>

Evergrande Real Estate Group (3333 HK) plans to raise upto US$1bn via a top-up placement.  The stock has been in the news over the past month for not exactly the right reasons. Given its debt woes, the current capital raising is unlikely to do much on a fundamental level. While the discount being offered looks tempting, especially versus the dilution, all of the past deals in the name haven't done well. 

China Overseas Land & Investment (688 HK)

China Evergrande Placement - Looks Tempting but It's a Drop in the Ocean of Debt, During a Typhoon