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

Visit to a Haidilao Restaurant in London & Listing of Super Hi International in Hong Kong

Super Hi International: Trading Dynamics Post Listing Amid High Volatility

Super Hi International US ADS - Has Been Doing Well but Doesn’t Really Need the Cash

Haidilao Placement: Concerted Founders' Sell Down at Right Time?

Battle Lines Drawn As BABA Builds Out First/Last-Mile Capacity; But Who Will Fund 75+ Bn CNY CapEx?

Trade Ideas: China Showing Signs of Recovering While the Rest of the World Slows Down

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

Super Hi International Holding / Equity Capital Markets

<ul>
<li>Haidilao International announced the spin-off plan of its overseas arm, Super Hi.</li>
<li>We take a quick look at Super Hi's fundamentals. We think it is unlikely for Super Hi to achieve the level of economy of scale as Haidilao in China.</li>
<li>We think the valuation of Super Hi should be compared to F&amp;B peers in the ASEAN region given that its business is mainly focused on the ASEAN region. </li>
</ul>


Haidilao International announced the spin-off plan of its overseas arm, Super Hi.
We take a quick look at Super Hi's fundamentals. We think it is unlikely for Super Hi to achieve the level of economy of scale as Haidilao in China.
We think the valuation of Super Hi should be compared to F&amp;B peers in the ASEAN region given that its business is mainly focused on the ASEAN region. 


Super Hi Spin-Off: Unexciting Fundamentals