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

HK Short Interest: Short Spiked for Country Garden, Chow Tai Fook

HK Short Interest: Short Spiked for Smoore, Microport

HK Short Interest: Short Spiked for Geely, Ganfeng Lithium

HK Short Interest: Short Interest Spiked for Zijin Mining

HK Short Interest: Mengniu and Sunny Optical Short Increased

HK Short Interest: Baba, Xiaomi, Netease Short Increased

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.

Quantitative Analysis

China Consumer staples / Quantitative Analysis

<p>Hong Kong SFC reported aggregate short position as of May 21. The aggregate short value for equities increased by $2,320m (+3.4%) WoW but decreased by $150m (-0.2%) over the preceding four weeks.</p><p>Most shorted stocks by aggregate short value of positions are Ping An Insurance (Group) Company Of China, Ltd./2318 HK($5,704m, -1.6% WoW), Tencent Holdings Limited/700 HK($2,192m, +10.7% WoW), China Merchants Bank Co., Ltd./3968 HK($1,733m, +2.5% WoW), Zhongsheng Group Holdings Limited/881 HK($1,611m, +4.3% WoW), Kuaishou-W/1024 HK($1,430m, +12.6% WoW).</p><section class="figure"><figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/210/129/original/Hong_Kong_Market_Short_Position_Value_%28line%29_and_1W_Changes_%28bar%29_%28%24m%292021-05-31+10_50_08.png?1622429960" class="editor-image img-responsive" data-smartkarma-image-id="210129"></figure></section>

Hong Kong SFC reported aggregate short position as of May 21. The aggregate short value for equities increased by $2,320m (+3.4%) WoW but decreased by $150m (-0.2%) over the preceding four weeks.Most shorted stocks by aggregate short value of positions are Ping An Insurance (Group) Company Of China, Ltd./2318 HK($5,704m, -1.6% WoW), Tencent Holdings Limited/700 HK($2,192m, +10.7% WoW), China Merchants Bank Co., Ltd./3968 HK($1,733m, +2.5% WoW), Zhongsheng Group Holdings Limited/881 HK($1,611m, +4.3% WoW), Kuaishou-W/1024 HK($1,430m, +12.6% WoW).

HK Short Interest: Short Covers for Alibaba, China Feihe