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 (Jan 26th): CMB, China Yangtze Power, Zhongji Innolight, Petrochina

Northbound Flows (Feb 2nd): Moutai, CATL, Wuxi Apptec, Midea

Northbound Flows (Feb 9th): Moutai, Boe Technology, Wuxi Apptec, Wanhua Chemical, CATL

Northbound Flows (Jan 12th): Moutai, Longi Green

Northbound Flows (Jan 5th): Chongqing Changan Automobile, CATL, Moutai

Northbound Flows (Dec 29th): Longi Green, Wuliangye, Changan Automobile

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 January 19th.</li>
<li>We estimate the weekly outflows to be US$3,217.1 million, led by materials, industrials, and offset by information technology, financials.</li>
<li>We highlight flows for BYD, Chongqing Changan Automobile, and Wuliangye.</li>
</ul>


We analyze the weekly Shanghai/Shenzhen northbound Connect flows with our data engine for holding position as of January 19th.
We estimate the weekly outflows to be US$3,217.1 million, led by materials, industrials, and offset by information technology, financials.
We highlight flows for BYD, Chongqing Changan Automobile, and Wuliangye.


Shanxi Xinghuacun Fen Wine Factory Co (600809 CH)

LONGi Green Energy Technology (601012 CH)

Northbound Flows (Jan 19th): BYD, Chongqing Changan Automobile, Wuliangye