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

Hong Kong Connect Flows: What Did Chinese Buy Before National Day

Hong Kong Connect Flows: Tencent, Meituan, Wuxi Biologics, Kintor

Hong Kong Connect Flows: Meituan, Geely Inflows

Hong Kong Connect Flows: Tencent, WH Group, Kuaishou

Hong Kong Connect Flows: Dongyue, Geely, CR Power, Anta

Dongyue Group (东岳集团) Placement - Opportunistic Raise at All Time High but Easily Digestible

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

In our weekly HK Connect Flow series, we aim to highlight key stocks and sectors which the mainland investors traded via the southbound Hong Kong Connect, as analyzed by our proprietary data engine.Since the opening of Hong Kong Connect scheme in 2014, southbound Chinese money started to play an increasingly important role in the Hong Kong stock market. In 2020, Southbound trading accounted for 22% of the equity market ADT. We split the stocks eligible for the Hong Kong Connect trade into three groups: HSCEI component stocks, stocks with a market capitalization between USD 1 billion and USD 5 billion, and stocks with a market capitalization between USD 500 million and USD 1 billion.In this insight, we will highlight inflows into Tencent Holdings Limited (700 HK), Hong Kong Exchanges And Clearing Limited (388 HK), Cnooc Limited (883 HK) as well as outflows from Wuxi Biologics (Cayman) Inc. (2269 HK), Byd Company Limited (1211 HK), and Meituan (3690 HK).

In our weekly HK Connect Flow series, we aim to highlight key stocks and sectors which the mainland investors traded via the southbound Hong Kong Connect, as analyzed by our proprietary data engine.Since the opening of Hong Kong Connect scheme in 2014, southbound Chinese money started to play an increasingly important role in the Hong Kong stock market. In 2020, Southbound trading accounted for 22% of the equity market ADT. We split the stocks eligible for the Hong Kong Connect trade into three groups: HSCEI component stocks, stocks with a market capitalization between USD 1 billion and USD 5 billion, and stocks with a market capitalization between USD 500 million and USD 1 billion.In this insight, we will highlight inflows into Tencent Holdings Limited (700 HK), Hong Kong Exchanges And Clearing Limited (388 HK), Cnooc Limited (883 HK) as well as outflows from Wuxi Biologics (Cayman) Inc. (2269 HK), Byd Company Limited (1211 HK), and Meituan (3690 HK).

Hong Kong Connect Flows: Tencent, HKEx, CNOOC