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

<a href="https://www.smartkarma.com/entities/jiumaojiu-international-holdings" target="_blank" data-smartkarma-citation="entities:28293:1" rel="noopener">Jiumaojiu (JMJ HK)</a>, a Chinese fast fashion restaurant brand manager and operator, is looking to raise about US$100m in its upcoming Hong Kong IPO.
The company operates two main brands, Jiu Mao Jiu (九毛九)and Tai Er(太二). Strong revenue growth has largely been driven by Tai Er brand. It gained popularity in 2016 and the company has capitalized on it by expanding aggressively. The expansion paid off as operating margins and net margins have expanded as the restaurants matured.
Operating metrics suggest that near-term growth will continue to be driven by Tai Er brand. The company also laid out an aggressive expansion plan which will continue to focus on its two main brands.

Jiumaojiu (JMJ HK), a Chinese fast fashion restaurant brand manager and operator, is looking to raise about US$100m in its upcoming Hong Kong IPO.
The company operates two main brands, Jiu Mao Jiu (九毛九)and Tai Er(太二). Strong revenue growth has largely been driven by Tai Er brand. It gained popularity in 2016 and the company has capitalized on it by expanding aggressively. The expansion paid off as operating margins and net margins have expanded as the restaurants matured.
Operating metrics suggest that near-term growth will continue to be driven by Tai Er brand. The company also laid out an aggressive expansion plan which will continue to focus on its two main brands.

Jiumaojiu (九毛九) Pre-IPO Early Thoughts - New Brand Driving Growth