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

HCM Secondary Trading: NPMA Approvals Warrant a Pop on Debut

Hutchison-China Meditech Placement: Catalysts to Expect but Keep Overhang in Mind

Hutchison-China Meditech (和黄医药) Placement: Big Discount After HK Listing Delayed

Hutchison-China Meditech (和黄医药) H-Share Listing: MNC Partnerships Endorsed Its R&D Capabilities

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

Hutchmed China Ltd / Equity Capital Markets

<p>After its failed attempt to list in Hong Kong in 2019, today HCM launched its book building to raise USD 590m in its secondary listing in Hong Kong. In this note, we will take a look at the deal terms, the company's background, and factors to consider for the pricing.</p>

After its failed attempt to list in Hong Kong in 2019, today HCM launched its book building to raise USD 590m in its secondary listing in Hong Kong. In this note, we will take a look at the deal terms, the company's background, and factors to consider for the pricing.

HCM Secondary Listing: Not a Good Performer