Joy Spreader (乐享互动) Trading - Retail Frenzy Triggers Max Clawback

Joy Spreader (乐享互动) Pre-IPO - Found a Niche in Games but Still Just a Middleman

Mobvista Pre-IPO - Impairments Would Have Wiped off past Profit, Related Parties Still Owed Money

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

Joy Spreader Interactive Technology / Equity Capital Markets

Joy Spreader Interactive Technology (6988 HK)

<a href="https://www.smartkarma.com/entities/joy-spreader-interactive-technology" target="_blank" data-smartkarma-citation="entities:29271:1" rel="noopener">Joy Spreader Interactive Technology (6988 HK)</a> (JST) is looking to raise up to US$225m in its upcoming Hong Kong IPO.JST is a performance-based we-media marketing service provider in China. JST connects marketers and we-media publishers via its technology and platforms. The services provided to marketers include analyzing and distributing their products on the we-media network which will help marketers acquire users.In this note, we will look at assumptions and share our thoughts on valuation.Our previous coverage of the IPO:<ul><li dir="ltr"><a href="https://www.smartkarma.com/insights/joy-spreader-pre-ipo-found-a-niche-in-games-but-still-just-a-middleman" target="_blank" data-smartkarma-citation="insights:43073" rel="noopener">Joy Spreader (乐享互动) Pre-IPO - Found a Niche in Games but Still Just a Middleman</a> </li></ul>

Joy Spreader Interactive Technology (6988 HK) (JST) is looking to raise up to US$225m in its upcoming Hong Kong IPO.JST is a performance-based we-media marketing service provider in China. JST connects marketers and we-media publishers via its technology and platforms. The services provided to marketers include analyzing and distributing their products on the we-media network which will help marketers acquire users.In this note, we will look at assumptions and share our thoughts on valuation.Our previous coverage of the IPO:Joy Spreader (乐享互动) Pre-IPO - Found a Niche in Games but Still Just a Middleman 

Joy Spreader (乐享互动) IPO - Fairly Valued at Best