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

Northbound Flows (Dec 23rd): Inflows into Liquor Names

Northbound Flows (Dec 30th): Ping An, Wuliangye, CATL

Northbound Flows (Dec 9th): Midea, Wuliangye, Shenzhen Mindray, CATL, BYD

Northbound Flows (Dec 2nd): Wuliangye, CATL, Mindray, Longi Green

Northbound Flows (Nov 25th): Luzhou Lao Jiao, Yunnan New Energy Material, CATL

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.

Quantitative Analysis

<ul>
<li>We analyze the weekly Shanghai/Shenzhen northbound Connect flows with our data engine for holding position as of December 16th.</li>
<li>We estimate the weekly inflows to be US$101.5 million, led by financials, consumer staples, communication services sectors, and offset by industrials, materials.</li>
<li>We highlight flows for China Merchants Bank, Shanghai Intl Airport, Tongwei.</li>
</ul>


We analyze the weekly Shanghai/Shenzhen northbound Connect flows with our data engine for holding position as of December 16th.
We estimate the weekly inflows to be US$101.5 million, led by financials, consumer staples, communication services sectors, and offset by industrials, materials.
We highlight flows for China Merchants Bank, Shanghai Intl Airport, Tongwei.


Shanghai International Airport (600009 CH)

Jiangsu Hengli Highpressure Oil Cylinder (601100 CH)

Shanxi Xinghuacun Fen Wine Factory Co (600809 CH)

China Tourism Group Duty Free Corp Ltd (601888 CH)

Jiangsu Zhongtian Technologies Co, Ltd. (600522 CH)

China Pacific Insurance (Group) Co., (601601 CH)

Zhangzhou Pientzehuang Pharmaceutical Co., Ltd. (600436 CH)

Zhangzhou Pientzehuang Pharmaceutical Co., Ltd.

Beijing-Shanghai High Speed Ra (601816 CH)

Beijing United Information Tec (603613 CH)

Advanced Micro-Fabrication Equ (688012 CH)

Northbound Flows (Dec 16th): CMB, Shanghai Intl Airport, Tongwei