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

Semiconductor Manufacturing International Corp (SMIC) / Equity Capital Markets

Semiconductor Manufacturing International Corp (SMIC) (981 HK)

Semiconductor Manufacturing International Corp (SMIC)

China IC Fund is looking to sell about 165m shares of <a href="https://www.smartkarma.com/entities/semiconductor-manufacturing" target="_blank" data-smartkarma-citation="entities:14231:1" rel="noopener">Semiconductor Manufacturing (981 HK)</a> worth about US$524m.
In this note, we will look at 1H results reported last week, shareholding of selling shareholder and share our thoughts on the deal.
We have previously covered their 2017 capital raise in:
<ul>
<li>
<a href="https://www.smartkarma.com/insights/smic-placement-balance-sheet-improvement-what-s-next" target="_blank" data-smartkarma-citation="insights:15724" rel="noopener">SMIC Placement: Balance Sheet Improvement, What's Next</a> </li>
</ul>

China IC Fund is looking to sell about 165m shares of Semiconductor Manufacturing (981 HK) worth about US$524m.
In this note, we will look at 1H results reported last week, shareholding of selling shareholder and share our thoughts on the deal.
We have previously covered their 2017 capital raise in:


SMIC Placement: Balance Sheet Improvement, What's Next 


Semiconductor Manufacturing International Corp (SMIC)

SMIC Placement - Not a Big Deal