Dongzheng Auto Finance (东正汽车金融) Pre-IPO Review - Dependent on Dealership Network for Growth

Dongzheng Auto Finance (东正汽车金融) IPO Review - Better off Buying the Parent

Dongzheng Auto Finance (东正汽车金融) IPO Review - Relaunched at Lower Price

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

Dongzheng Automotive Finance / Equity Capital Markets

<p><a href="https://www.smartkarma.com/entities/27984" target="_blank" data-smartkarma-citation="entities:27984:1">Dongzheng Automotive Finance (2718 HK)</a> raised US$208m at a fixed price of HK$3.06 per share. We have covered the IPO extensively in:</p>
<ul>
<li><a href="https://www.smartkarma.com/insights/dongzheng-auto-finance-pre-ipo-review-dependent-on-dealership-network-for-growth" target="_blank" data-smartkarma-citation="insights:28448">Dongzheng Auto Finance (东正汽车金融) Pre-IPO Review - Dependent on Dealership Network for Growth</a></li>
<li><a href="https://www.smartkarma.com/insights/dongzheng-auto-finance-ipo-review-better-off-buying-the-parent" target="_blank" data-smartkarma-citation="insights:28566">Dongzheng Auto Finance (东正汽车金融) IPO Review - Better off Buying the Parent</a></li>
<li><a href="https://www.smartkarma.com/insights/dongzheng-auto-finance-ipo-review-relaunched-at-lower-price" target="_blank" data-smartkarma-citation="insights:28796">Dongzheng Auto Finance (东正汽车金融) IPO Review - Relaunched at Lower Price</a></li>
</ul>
<p>In this insight, we will update on the deal dynamics, implied valuation, and include a valuation sensitivity table.</p>

Dongzheng Automotive Finance (2718 HK) raised US$208m at a fixed price of HK$3.06 per share. We have covered the IPO extensively in:

Dongzheng Auto Finance (东正汽车金融) Pre-IPO Review - Dependent on Dealership Network for Growth
Dongzheng Auto Finance (东正汽车金融) IPO Review - Better off Buying the Parent
Dongzheng Auto Finance (东正汽车金融) IPO Review - Relaunched at Lower Price

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

China Zhengtong Auto Services Hldg (1728 HK)

Dongzheng Auto Finance (东正汽车金融) Trading Update - Could Be Worth Setting up a Trade