Equity Research

Ayala Land office REIT tests investor appetite in the time of Covid

A reputable sponsor and an attractive yield offering will likely draw local interest for Ayala Land’s office REIT, even as the coronavirus redefines traditional office space demand

July 21, 2020

Why Yum China's secondary offering will be a game changer

Ironically, Yum China may be able to utilise the current health pandemic for their listing advantage as they consider following ADRs JD.com and NetEase to Hong Kong.

June 30, 2020

Roundup: Chinese IPOs continue to drive Asian stock markets

Alibaba came back to Asia in November and dominated the equity landscape. But people are now starting to ask what markets next year are going to look like.

December 08, 2019

Shaping up: Philippines economy looks solid as 2019 draws to a close

With one of the fastest growth rates in Asia, good news on the job front, plus lower than expected inflation in September, the Philippines economy approaches the year’s end in good condition.

By First Metro Investment Corporation

Budweiser APAC IPO dominates September

Dealogic data shows that Budweiser's deal boosted the IPO value of the food and beverage sector in Asia sevenfold in September.

October 02, 2019

BSE attracts the biggest Asian IPO in August

Sterling & Wilson Solar's flotation topped Asia's IPO deal list by value last month, according to Dealogic. But market reaction to the renewable energy company highlights concerns for its future growth.

September 02, 2019

Second wind: Philippines economic uplift likely in H2

The second half of 2019 should see the Philippines economy regaining momentum as increased government spending, combined with the possibility of further central bank rate cuts, look set to tempt investors back in.

By First Metro Investment Corporation

Shanghai’s STAR Market was the focus of Asia ECM in July

Although a traditional real estate IPO topped the deal list by value in July, technology companies on the new STAR Market raised the most amount of money, according to data from Dealogic.

August 01, 2019

Political tensions fail to shake HKEX from IPO top spot

Pharmaceutical company Hansoh ranked first among Asia's largest IPO by value in June according to data from Dealogic.

July 03, 2019

Traditional sectors dominate Asia's IPO market in May

The list of last month's IPOs in Asia was topped by two real estate IPOs in Singapore.

June 05, 2019