Head of Research, IPOs & Placements, Aequitas Research

Sumeet Singh

Head of IPO & Placements for Aequitas Research. At Aequitas we cover all IPOs and placements across Asia-Pac with a deal size of at least US$100m. 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%. 
Prior to Aequitas. I was heading Content Strategy for Smartkarma, along with covering IPOs & Placement. In an earlier life I have covered ASEAN property and the banking space in India.

Head of Research, IPOs & Placements

Chinasoft Placement - Small Deal and Proceeds Will Be Put to Good Use

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

Equity Capital Markets

Chinasoft International / Equity Capital Markets

<p>Hony Capital plans to sell its 17.83% stake in Chinasoft International for ~US$170m. We would take the deal given the company has a good record of collaboration with other larger IT majors and the shares still trade at a reasonable PEG ratio despite the recent rally.</p><p>The main concern remains the large size of the block (in terms of % of shares) and the markets ability to digest the same</p>

Hony Capital plans to sell its 17.83% stake in Chinasoft International for ~US$170m. We would take the deal given the company has a good record of collaboration with other larger IT majors and the shares still trade at a reasonable PEG ratio despite the recent rally.The main concern remains the large size of the block (in terms of % of shares) and the markets ability to digest the same

Still trading at reasonable multiples despite the rally. Take the deal