Hong Kong offers a transparent, well-regulated market for companies wishing to list their shares. MarbleConsultants provide independent IPO services for corporations, investors and shareholders looking for advice on IPO market activity or going public. Our clients rely on us to represent their interests as they undergo complex IPO processes.
We provide a range of services that help clients plan and complete the IPO process. These include:
MarbleConsultants have years of experience in assisting companies to get listed
on the Hong Kong stock market. Our dedicated team of specialist IPO consultants
can assist you at every stage of the complex IPO process. You assigned account manager
will provide advice and guidance on listing companies in China, Hong Kong and overseas.
Once a company has decided to go public a suitable market to list shares must be identified. A Hong Kong location listing has the following advantages:
New applicants must have a trading record of not less than three financial years and meet one of these three criteria:
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1. Profit test |
2. Market capitalization/ revenue test |
3. Market value /income /cash flow test |
Profit attributable to shareholders |
At lest HK$50 million in the past 3 years. With profits of at least HK$20 million in the last year and combined profits of at least HK$30 million in the two years before that. |
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Market value |
At the time of listing at least HK$ 200 million |
At least HK$4 billion at the time of listing |
At least HK$2 billion at the time of listing |
Income |
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At least HK$500 million for the most recent audited financial year |
At least HK$500 million for the most recent audited financial year |
Cash flow |
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Positive cashflow from operating activities of at least HK$100 million in aggregate for the three preceding financial years |
Positive aggregated cash flow for the three preceding financial years, from operating activities, of at least HK$100 million |
Our company consultants are experts at considering all aspects of the IPO process with clients to ensure companies can achieve their vision.
We can also provide companies with advice on the processes and advantages of listing on the London or New York Stock Exchanges and the Euronext Alternext Board.
Requirements |
Pan-European plate |
Pan-European plate Alternext |
Minimum distribution |
25 % of the share capital, in some cases this can be reduced |
€ 250 >million (public offering) € 500 million (private) |
Track record |
Three years |
Two years |
Accounting Standards |
International Financial Reporting Standards (IFRS) |
Local accounting standards or IFRS |
Listing Documents |
Prospectus approved by the regulatory body |
Prospectus approved by the regulatory agencies, public offering by regulatory approval ;or without approval of the Offering Circular as issued in the € 5 billion of private placements and the smallest five eligible investors |