So-Young (新氧) Pre-IPO Review - Au Naturel

So-Young (新氧) IPO Review - Decent Upside from the Low-End

Ping An Good Doctor IPO Review - Step Aside, Valuation. Solving Problems Come First.

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

<p><a href="https://www.smartkarma.com/entities/28025" target="_blank" data-smartkarma-citation="entities:28025:1">So-Young (SY US)</a> raised US$179m at US$13.80 per share, the top of its IPO price range. We have previously analyzed the IPO in:</p>
<ul>
<li><a href="https://www.smartkarma.com/insights/so-young-pre-ipo-review-au-naturel" target="_blank" data-smartkarma-citation="insights:29118">So-Young (新氧) Pre-IPO Review - Au Naturel</a></li>
<li><a href="https://www.smartkarma.com/insights/so-young-ipo-review-decent-upside-from-the-low-end" target="_blank" data-smartkarma-citation="insights:29144">So-Young (新氧) IPO Review - Decent Upside from the Low-End</a></li>
</ul>
<p>In this insight, we will update on the deal dynamics, implied valuation, and include a valuation sensitivity table.</p>

So-Young (SY US) raised US$179m at US$13.80 per share, the top of its IPO price range. We have previously analyzed the IPO in:

So-Young (新氧) Pre-IPO Review - Au Naturel
So-Young (新氧) IPO Review - Decent Upside from the Low-End

In this insight, we will update on the deal dynamics, implied valuation, and include a valuation sensitivity table.

Ping An Healthcare and Technology (1833 HK)

So-Young (新氧) Trading Update -  Getting Ahead of Itself