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

Yingcheng Intl (银城国际) - Quick Post-IPO Trading Update

Zhongliang (中梁地产) Pre-IPO Review - Incredible Growth Bogged Down by Related Party Transactions

Helenbergh (海伦堡) Early Thoughts - The Usual Red Flag - Related Party Transactions

Dexin China (德信中国) Pre-IPO - Related Party Transactions and Partial Asset Listing

Midea Real Estate Pre-IPO Review - Listing Just a Little Too Late

Redsun Properties IPO Review - Deserves a Discount to Peers for Its Related Party Transactions

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

Yincheng International Holding / Equity Capital Markets

<p>Yincheng International, a China Yangtze delta focused property developer, is raising up to USD 110 million to list on the Hong Kong Stock Exchange. In this note, we will cover the following topics:</p>
<ul class="">
<li>The company's property portfolio</li>
<li>Financial performance that concerns us</li>
<li>Shareholders and use of proceeds</li>
<li>Our view on the deal</li>
</ul>

Yincheng International, a China Yangtze delta focused property developer, is raising up to USD 110 million to list on the Hong Kong Stock Exchange. In this note, we will cover the following topics:

The company's property portfolio
Financial performance that concerns us
Shareholders and use of proceeds
Our view on the deal


Yincheng Intl (银城国际) IPO Quick Note: A Highly Levered Nanjing Developer Bet