IPO & LISTING
IPO & LISTING
From Startup to IPO to Listing
IPO & Listing in Hong Kong and China because HKEX has been the no.1 IPO venue globally and China Stock Exchanges are potential emerging markets.
Why IPO & Listing in Hong Kong and China?
IPO & listing with HKEX?
- HKEX has been the no.1 IPO venue globally, in seven out of the past eleven years.
- No.1 Choice for Chinese Companies with Global Aspirations
- No.1 Choice for Global Companies to Access China
- Global Investor Base
- Deep, diverse and liquid markets
- No.1 Biotech Funding Markets in Asia.
IPO & Listing in China?
- Shanghai Stock Exchange (SSE) and Shenzhen Stock Exchange (SZSE) are the two exchanges in Mainland
- Companies listed on SSE are usually sizeable enterprises, many of which are state-owned.
- The SZSE, on the other hand, is made up of a bigger portion of small and medium-sized enterprises and private companies, many of which are from high technology industry.
- Recently, the Shanghai securities market has grown rapidly both in its size and the number of investors, making the Exchange one of the most representative emerging capital markets.
Major IPO Steps
Step 1
preparation period
- Appointment of sponsors and other professional advisors
- Preparation of due diligence and application documents
- Reorganizing the business, structure and financial condition of the company
- Submitting listing application to relevant stock exchange listing department
Step 2
Obtaining regulatory approvals
- Listing application accepted by relevant stock exchange
- Vetting by relevant stock exchange listing department
- Hearing by relevant stock exchange listing committee
- Obtain listing approval by relevant stock exchange
Step 3
Marketing and Listing
- Preparation of analyst's study report
- Performing road show
- Confirmation of placing and public offering
- Determine final issue price of shares
- Subscribe to IPO through banks and securities firms
- List on relevant Stock Exchange
- Listing ceremony on the first trading date