APAC IPOs & Placements, Aequitas Research

Clarence Chu

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%.

APAC IPOs & Placements

Tuhu Car Pre-IPO PHIP Updates - Initially Looking for Growth, Now Searching for Profits

Tuhu Car Pre-IPO Peer Comp - While It Has Been Loss Making, GPM Expansion Has Been the Strongest

Tuhu Car Pre-IPO - Thoughts on Valuation - Will Likely Need a Markdown from Its Latest Funding Round

Tuhu Car Pre-IPO - The Positives - Aiming to Address the Painpoints of the Industry

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

<ul>
<li>
<a href="https://www.smartkarma.com/entities/tuhu-car" target="_blank" data-smartkarma-citation="entities:36012:1" rel="noopener">Tuhu Car (2007986D HK)</a> is looking to raise up to US$400m in its upcoming Hong Kong IPO.</li>
<li>Tuhu is an integrated online and offline platform for automotive services in China.   </li>
<li>The firm remains loss making with no signs of being profitable in the near/medium term given its aggressive growth strategy.</li>
</ul>



Tuhu Car (2007986D HK) is looking to raise up to US$400m in its upcoming Hong Kong IPO.
Tuhu is an integrated online and offline platform for automotive services in China.   
The firm remains loss making with no signs of being profitable in the near/medium term given its aggressive growth strategy.


Tuhu Car Pre-IPO - The Negatives - Remains Unprofitable and Have Been Racking up Its Payables