Stephenson Harwood LLP’s Post

Following the resounding success of our 2023 event, we are thrilled to be returning our Fiduciary Investors Symposium to Singapore for our first event of 2024. Bringing together asset owner from 15 countries we will discuss the return and impact opportunities in the region, and the importance of Asia in the global economy. Register today! https://lnkd.in/gGHJGGWH #FiduciaryInvestorsSymposium

A new circular jointly issued by the HKMA and SFC will enable private wealth managers in Hong Kong to streamline the processes when dealing with sophisticated professional investors (SPIs). Read more about the qualifying criteria, changes to requirements under the streamlined approach and eligible investment transactions in our flyer: https://lnkd.in/geCN26ch #investing  

Senior Reporter at Investment Week, Cristian Angeloni, writes a compelling article shedding light on the diminishing allure of UK public markets, titled "Deep Dive: Can the UK be an IPO Hub?".   Cristian delves into the evolving landscape of initial public offerings (IPOs) and the waning domestic interest and shares insights from Bill Blain, our Strategist at Shard Capital, as he discusses the global challenges surrounding IPOs and the specific issues affecting the United Kingdom's market scenario.   Read the full article below: #UKMarkets #IPOs

We continue the presentation of our speakers with Adil Lekrafi (CEO at ALFIC and BEST FINANCE ). This expert in quantitative analysis having worked for more than 23 years in the largest European investment banks will be one of the speakers on the panel which will address the issue of risk management in Private Equity and Venture Capital and which is entitled: "Risks management in the Private Equity and Venture Capital: State of the art and perspectives….." More to follow on https://lnkd.in/eAR4qzz5

Our Partner Gordon Tsang was interviewed by Bloomberg to share his view on Nasdaq Inc. increasing scrutiny of small initial public offerings from China and Hong Kong to avoid a repeat of the wild swings that followed a handful of deals two years ago in response to the article “Nasdaq Boosts Scrutiny of Investors in IPOs From China, HK”. Gordon previously advised Junee Limited (NASDAQ: JUNE), Garden Stage Limited (NASDAQ: GSIW), Prestige Wealth Inc. (NASDAQ: PWM), Millennium Group International Holdings Limited (NASDAQ: MGIH), CBL International Limited (NASDAQ: BANL), Magic Empire Global Limited (NASDAQ: MEGL), Intelligent Living Application Group Inc. (NASDAQ: ILAG), Zhong Yang Financial Group Limited (NASDAQ: TOP), Hywin Holdings Ltd. (NASDAQ: HYW) and Oriental Culture Holding LTD (NASDAQ: OCG) in their successful listings on Nasdaq. A growing number of small firms from China and Hong Kong are turning to the Nasdaq to raise money. Several Hong Kong - and China-based IPO applicants have faced a series of questions from Nasdaq that centered on the identity and independence of their pre-IPO investors who might be selling shares upon listing. Gordon shared with Bloomberg that Nasdaq  has become a desirable choice for Hong Kong - and China-based IPO applicants due to its relatively low listing threshold and market-driven approach. #swhk #swcorporatefinance #hongkong #lawfirm #listing #nasdaq #IPO #captialmarkets

We're ecstatic about the Securities Commission Malaysia and Bursa Malaysia's initiative to expedite IPO approvals. This decisive step will enhance market efficiency, inject dynamism, notably boost growing businesses, and unlock thrilling investment opportunities 🚀🙌 📰 SC media release here: https://bit.ly/49P1yUK #securitiescommission #sc #bursamalaysia #impactadvisory

Our Partner Oguz Erkan, LLM wrote a reflection on Pitchbook Global M&A Market Report. Here are 3 key takeaways: - Deal volume is down significantly; while, deal count hasn’t dropped drastically. - Investors are now paying smaller premiums despite having nearly record high amount of cash at hand. - European M&A activity was hit harder compared to the rest of the world. If you are interested, you access to the full version of our newsletter via our website: https://lnkd.in/dH2WeW7V

The largest gathering of Baltic capital markets enthusiasts - Baltic Capital Markets Conference - took place again in Riga this week. Besides participating in a panel I was also trusted the role of the event MC. What a day - great keynotes, case studies and inspiring panels sharing local, regional and global best practices, offering valuable takeaways, to name a few: ✅Successful IPO not only brings financial benefits but also enhances a company's visibility and reputation. ✅Going public opens doors to new partnerships, customers, and markets, presenting additional growth opportunities. ✅Banking and capital markets make up the bloodstream of the economy. We need both to function and prosper. ✅And yes - all state owned companies will eventually have to go public! These are the low hanging fruits ready to be picked! Having witnessed all the energy and ambition tells me that the tasks are clear and the future is bright for Baltic capital markets. #ipo #bonds #duallisting #lowhangingfruits

A survey of 1,100 private equity attendees at Lincoln International’s annual private markets conference revealed that nearly 60% of respondents rate driving greater portfolio company performance as their top priority for the back half of 2024, followed by 21% indicating that returning capital to LPs was the top priority, suggesting a continued inward focus on ensuring portcos are primed for exit as the market continues to recover.