Abstract: Jio set IPO terms for up to INR 302bn (USD 3.17bn). Dongshan reportedly began marketing a USD 2-3bn A+H listing, and AirTrunk reportedly postponed a USD 1.5bn REIT IPO. Transsion, the week's only HK listing, raised USD 390m and fell 1.9% on day one. Nine listings in the past month have a median return of -11.0% since IPO. On HKEX, one company filed an AP and one filed a PHIP. CSRC published filing notices for Dongshan and Youibot. Slender West Lake is due to list on 23 Oct.
SUZHOU DONGSHAN PRECISION MANUFACTURING, CHINA MER PORT, CHABAIDAO, CLOUDBREAK, TIANJUDIHE, SHENZHEN SALUBRIS PHARMACEUTICALS, SHENZHEN TRANSSION HOLDI, TRANSSION, TRANSWARP, LIGENT, KINWONG, ROBOTECHNIK, DIRECT DRIVE, RA MATERIALS, CAMSENSE, BEIJING ESWIN COMPUTER TEC, VGT, HUAQIN, XIZHI TECH-P, MABWELL, SUNMI TECH, STAR SPORTS MED, COFOE MEDICAL, LDROBOT, IMPACT THERAP, METIS TECHBIO-P, Hyundai Motor India, Edelweiss Financial Services, IOI Properties, AP Memory Technology, Metaplanet, AKESO, Capital Infra Trust
Research on Hong Kong and A+H equity offerings, from the first filing to the aftermarket. Coverage includes pre-IPO early thoughts on the business and valuation, analysis of the final deal terms and cornerstone investors, and updates as new prospectus versions are filed.
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