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

Sino-Ocean Service / Equity Capital Markets

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<p><a href="https://www.smartkarma.com/entities/sino-ocean-service" target="_blank" data-smartkarma-citation="entities:31037:1" rel="noopener">Sino-Ocean Service (6677 HK)</a> raised US$225m in its Hong Kong IPO which was priced at HK$5.88 per share, towards the low-end of the price range.</p>
<p>Sino-Ocean Services (SOS) is the property management arm of Sino-Ocean Group. The company focuses on managing properties in first and second-tier cities in China.</p>
<p>In this note, we will look at the deal dynamics and provide a table with implied valuation at different share price levels.</p>
</div><div><p>Our previous coverage of the IPO:</p></div><div><ul>
<li><a href="https://www.smartkarma.com/insights/sino-ocean-services-pre-ipo-nothing-stands-out" target="_blank" data-smartkarma-citation="insights:45646" rel="noopener">Sino-Ocean Services (远洋服务) Pre-IPO - Nothing Stands Out</a></li>
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<a href="https://www.smartkarma.com/insights/sino-ocean-services-ipo-fairly-valued-at-best" target="_blank" data-smartkarma-citation="insights:46094" rel="noopener">Sino-Ocean Services (远洋服务) IPO - Fairly Valued, at Best</a> </li>
</ul></div>


Sino-Ocean Service (6677 HK) raised US$225m in its Hong Kong IPO which was priced at HK$5.88 per share, towards the low-end of the price range.
Sino-Ocean Services (SOS) is the property management arm of Sino-Ocean Group. The company focuses on managing properties in first and second-tier cities in China.
In this note, we will look at the deal dynamics and provide a table with implied valuation at different share price levels.
Our previous coverage of the IPO:
Sino-Ocean Services (远洋服务) Pre-IPO - Nothing Stands Out

Sino-Ocean Services (远洋服务) IPO - Fairly Valued, at Best 


Sino-Ocean Services (远洋服务) IPO Trading - Tepid Demand Compared to Recent IPOs