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

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

<p>Hong Kong SFC reported on today for aggregate short position on Apr 9th. The aggregate short value for equities increased by $2,365m (+4.6%) WoW but decreased by $1,737m (-3.2%) over the preceding four weeks. Most shorted stocks by aggregate short value of positions are <a href="https://www.smartkarma.com/entities/ping-an-insurance-grp-co-of-china-ltd" target="_blank" data-smartkarma-citation="entities:12880:1" rel="noopener">Ping An Insurance (H) (2318 HK)</a> ($9,521m, +0.3% WoW), <a href="https://www.smartkarma.com/entities/tencent-holdings-ltd" target="_blank" data-smartkarma-citation="entities:26:1" rel="noopener">Tencent Holdings (700 HK)</a> ($2,704m, +0.8% WoW), <a href="https://www.smartkarma.com/entities/alibaba-group" target="_blank" data-smartkarma-citation="entities:28434:1" rel="noopener">Alibaba Group (9988 HK)</a> , <a href="https://www.smartkarma.com/entities/xiaomi-corp" target="_blank" data-smartkarma-citation="entities:24409:1" rel="noopener">Xiaomi Corp (1810 HK)</a> ($1,329m, -1.2% WoW), <a href="https://www.smartkarma.com/entities/aia-group-ltd" target="_blank" data-smartkarma-citation="entities:14895:1" rel="noopener">AIA Group Ltd (1299 HK)</a> ($1,155m, -0.7% WoW).</p>
<figure class="editor-figure mceNonEditable"><img src="https://static-prod.smartkarma.com/images/media/000/128/776/original/Hong_Kong_Market_Short_Position_Value_%28line%29_and_1W_Changes_%28bar%29_%28%24m%292020-04-20%2016_33_07.png?1587371859" class="editor-image img-responsive" data-smartkarma-image-id="128776"></figure>

Hong Kong SFC reported on today for aggregate short position on Apr 9th. The aggregate short value for equities increased by $2,365m (+4.6%) WoW but decreased by $1,737m (-3.2%) over the preceding four weeks. Most shorted stocks by aggregate short value of positions are Ping An Insurance (H) (2318 HK) ($9,521m, +0.3% WoW), Tencent Holdings (700 HK) ($2,704m, +0.8% WoW), Alibaba Group (9988 HK) , Xiaomi Corp (1810 HK) ($1,329m, -1.2% WoW), AIA Group Ltd (1299 HK) ($1,155m, -0.7% WoW).


Semiconductor Manufacturing International Corp (SMIC) (981 HK)

Semiconductor Manufacturing International Corp (SMIC)

Short Interests Spiked for SMIC, Galaxy and Techtronics