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

Longfor Placement - Chairwoman/Co-Founder Selling in the Mix

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

Equity Capital Markets

Longfor Properties / Equity Capital Markets

<p>Mr. Cai Kui, the co-founder of Longfor Property, is selling 150m shares after market close today. In this insight, we will look at the company's recent results, recent development and run the deal through our Smartkarma ECM Framework. </p><h2>Placement Specifics</h2><ul>
<li>Company Name: Longfor Properties Co Ltd</li>
<li>Ticker: 960 HK Equity</li>
<li>Secondary offering </li>
<li>Settlement date:12 Sep, 2016</li>
<li>Indicative deal price - HKD12.00</li>
<li>Last Traded Price: HKD12.9</li>
<li>Implied placing discount: 7%</li>
<li>Offer Size (m): ~USD232 / HKD1,800</li>
<li>ADV (m): ~USD8.34 /…</li>
</ul>

Mr. Cai Kui, the co-founder of Longfor Property, is selling 150m shares after market close today. In this insight, we will look at the company's recent results, recent development and run the deal through our Smartkarma ECM Framework. Placement Specifics
Company Name: Longfor Properties Co Ltd
Ticker: 960 HK Equity
Secondary offering 
Settlement date:12 Sep, 2016
Indicative deal price - HKD12.00
Last Traded Price: HKD12.9
Implied placing discount: 7%
Offer Size (m): ~USD232 / HKD1,800
ADV (m): ~USD8.34 /…


Longfor Placement: Solid Results & Contract Sales, Attractive Discount