APAC IPOs & Placements, Aequitas Research

Clarence Chu

At Aequitas we cover all IPOs and placements across Asia-Pac with a deal size of at least US$100m. 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%.

APAC IPOs & Placements

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

Nippon Express Holdings / Equity Capital Markets

<ul>
<li>A group of shareholders are looking to raise US$220m from selling their stakes in <a href="https://www.smartkarma.com/entities/nippon-express-holdings-inc" target="_blank" data-smartkarma-citation="entities:18582:1" rel="noopener">Nippon Express Holdings (9147 JP)</a>.</li>
<li>Overall, the deal would be a relatively large one to digest at 11 days of Nippon Express’ three month ADV, and 4.8% of the firm’s total shares outstanding.</li>
<li>Together with the announcement, the firm has also guided towards a share buyback program which should provide some share price support a month post-deal,  in our view.</li>
</ul>


A group of shareholders are looking to raise US$220m from selling their stakes in Nippon Express Holdings (9147 JP).
Overall, the deal would be a relatively large one to digest at 11 days of Nippon Express’ three month ADV, and 4.8% of the firm’s total shares outstanding.
Together with the announcement, the firm has also guided towards a share buyback program which should provide some share price support a month post-deal,  in our view.


Nippon Express Placement - Lukewarm Track Record, Although Buyback Could Lift Share Price