Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of IPO & Placements for Aequitas Research. 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%. 
Prior to Aequitas. I was heading Content Strategy for Smartkarma, along with covering IPOs & Placement. In an earlier life I have covered ASEAN property and the banking space in India.

Head of Research, IPOs & Placements

Shandong International Trust IPO - In God We Trust, All Others Bring Data... Not so Much Data

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Shandong International Trust C / Equity Capital Markets

<p>Shandong International Trust (SIT) plans to raise up to US$300m in its IPO slated to take place later this year.</p><p>In this insight, we take a look at the past performance of the company and highlight its declining AUM and faltering profitability. SIT seems to lag the overall industry in terms of AUM and income growth. Even though the company uses its proprietary book to aid its Trust business, it still hasn't been able to stem the increase in impairment costs. </p>

Shandong International Trust (SIT) plans to raise up to US$300m in its IPO slated to take place later this year.In this insight, we take a look at the past performance of the company and highlight its declining AUM and faltering profitability. SIT seems to lag the overall industry in terms of AUM and income growth. Even though the company uses its proprietary book to aid its Trust business, it still hasn't been able to stem the increase in impairment costs. 

Shandong International Trust Pre-IPO - Faltering Growth and Profitability Despite Aid from Prop Book