Report
Sumeet Singh
EUR 120.15 For Business Accounts Only

ECM Weekly (26th June 2022)

Aequitas Research publishes weekly updates on the deals that have been covered by the team recently along with updates for upcoming IPOs in the past week.
Underlyings
Alibaba Group Holding Ltd. Sponsored ADR

Thai Beverage Public Co. Ltd.

Thai Beverage Public Company is engaged in the production and distribution of alcoholic and non-alcoholic beverages, as well as the operation of Japanese restaurants. Co.'s business consists of four segments: spirits, beer, non-alcohol beverages and food. The spirits segment is engaged in the production and sales of branded spirits products. The beer segment is engaged in the production and sales of branded beer products. The non-alcoholic beverages segment involves the production and sales of branded water, soda, ready-to-drink coffee, energy drink, green tea and fruit juice flavour. The food segment includes Japanese restaurants, bakery shops and distribution of food and beverage.

Thai Life Assurance Public Company Limited

Tianqi Lithium Industries Inc Class A

Tianqi Lithium Corporation, formerly Sichuan Tianqi Lithium Industries, Inc., is a China-based company principally engaged in the research and development, manufacture and distribution of lithium products. The Company primarily provides lithium mineral products, lithium compounds, derived lithium products and others. The Company's lithium products are mainly applied in metallurgy, electronics, glass and ceramics, battery, rubber, medical treatment and other industries. The Company distributes its products in domestic and to overseas markets.

Provider
Aequitas Research
Aequitas Research

Aequitas Research is a leading ECM research firm with a focus on IPOs and placements/follow-on offerings across the Asia Pacific with deal size of over USD100m. 

Since 2015, we have covered 400+ IPOs and 450+ placements with a hit rate of 73% and 65%, respectively. We combine fundamental bottom-up views with our proprietary quantitative framework to provide a holistic analysis.
 
Our coverage includes pre-IPO notes before the deal is launched, follow-up analysis once the deal is live and post-listing trading analysis. We also provide a more quant driven analysis on placement/follow-on offerings.
 
Markets that we cover include:
Hong Kong,
China ADRs,
India,
Japan,
Australia, and
ASEAN.

Analysts
Sumeet Singh

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