Yuexiu Services (越秀服务) IPO - Interesting but Not Outstanding

Yuexiu Services (6626 HK): This Looks Fully Priced

SCE Commercial Management (中骏商管服务) IPO - Still Reliant on China SCE, Exposed to Lower Tier Cities

Roiserv Lifestyle (荣万家) IPO - Small, Expensive, and Parent Dependent

Sino-Ocean Services (远洋服务) IPO - Fairly Valued, at Best

Sino-Ocean Services (远洋服务) Pre-IPO - Nothing Stands Out

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

New Hope Service / Equity Capital Markets

<a href="https://www.smartkarma.com/entities/new-hope-service-holdings-limited" target="_blank" data-smartkarma-citation="entities:33271:1" rel="noopener">New Hope Service (3658 HK)</a> is looking to raise up to US$120m in its Hong Kong IPO.New Hope Service (NHS) is a property management and lifestyle service operator in China and it is the property management arm of New Hope Property Group. In this note, we will take a brief look at company fundamentals and share our thoughts on valuation.

New Hope Service (3658 HK) is looking to raise up to US$120m in its Hong Kong IPO.New Hope Service (NHS) is a property management and lifestyle service operator in China and it is the property management arm of New Hope Property Group. In this note, we will take a brief look at company fundamentals and share our thoughts on valuation.

New Hope Service (新希望服务) IPO - Nothing Particularly Enticing