IPOs and Catalysts/Events, Global Equity Research Ltd

Arun George

Arun has over 15 years’ experience covering the Technology sector. During this time, he has worked with technology start-ups and as an equity analyst in investment banks and independent research firms. He was formerly a Technology Analyst for Canaccord Genuity, Altium Securities, Espirito Santo Investment Bank, Noble Group and Clear Capital. He has a dual Master’s degree in Financial Engineering and Industrial and Operations Engineering from the University of Michigan. He obtained his Bachelor’s degree in Mechanical Engineering from the Indian Institute of Technology, Bombay. He is also a CFA charterholder.

IPOs and Catalysts/Events

Zai Lab Secondary Listing: HK-ADS Premium/​​(Discount) Views

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Global Equity Research Ltd

Global Equity Research was started in 2017 by a group of experienced research professionals. It was founded on a passionate belief in the importance and the need for uncompromised, independent, conflict-free research. We aim to provide differentiated and actionable primary and bottom up fundamental research.

Equity Capital Markets

<p><a href="https://www.smartkarma.com/entities/25877" target="_blank" data-smartkarma-citation="entities:25877:1">Zai Lab Ltd (ZLAB US)</a> unveiled plans to raise around $125 million (based on the closing price of $26.65 per ADS) through a public offering of 5.0 million ADS.</p><div class="content-highlight"><p>While Zai Lab has no near-term funding issues, the proposed fundraising is sensible as it would have to raise cash at some point over the next twelve months. Overall, we would participate in the placing due to Zai Lab’s strong track record.</p></div>

Zai Lab Ltd (ZLAB US) unveiled plans to raise around $125 million (based on the closing price of $26.65 per ADS) through a public offering of 5.0 million ADS.While Zai Lab has no near-term funding issues, the proposed fundraising is sensible as it would have to raise cash at some point over the next twelve months. Overall, we would participate in the placing due to Zai Lab’s strong track record.

Zai Lab Offering: Attractive Due to Strong Track Record