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

Shimao Property Holdings / Equity Capital Markets

<p><a href="https://www.smartkarma.com/entities/shimao-property-holdings-limited" target="_blank" data-smartkarma-citation="entities:8375:1" rel="noopener">Shimao Property Holdings (813 HK)</a> is looking to raise US$489m in its top-up placement. Proceeds will be used for general corporate purposes. </p><p>Overall, the deal scores positively on our framework owing to strong earnings and price momentum but weighed down by its expensive valuation relative to peers and the large deal size, representing about 29 days of ADV. </p>

Shimao Property Holdings (813 HK) is looking to raise US$489m in its top-up placement. Proceeds will be used for general corporate purposes. Overall, the deal scores positively on our framework owing to strong earnings and price momentum but weighed down by its expensive valuation relative to peers and the large deal size, representing about 29 days of ADV. 

Shimao (世茂房地产) Placement -  Another Opportunistic Offering but Momentum Bodes Well