The first comprehensive Chinese-language report for Chinese SME on when and where to IPO is published today by China First Capital, Ltd, an international investment bank that focuses only on working with China’s best, fastest-growing private SMEs.
The report, titled "When and Where to IPO for Chinese SME", can be downloaded from the China First Capital website blog.
“We wrote this the report with the definite goal to help SME bosses make the best decisions in capital-raising and IPO, “explains Peter Fuhrman, chairman of China First Capital “There’s been a lack of good information in Chinese on this topic, and we hope the report will improve this “information deficit”.
The report provides detailed case studies and a summary of the pluses and minuses for Chinese SME of listing on the US, Hong Kong and Chinese stock market. It also discusses at length the damage done to good Chinese SME by badly-planned IPOs, including hundreds of OTCBB listings and reverse mergers in the US over the last eight years. There is also a dictionary of important terms used in foreign and domestic IPO deals.
“China First Capital is the only international investment bank focused exclusively on China’s best SMEs, “confirms Bai Haiying, a vice president of China First Capital, and one of the authors. “These Chinese SMEs are some of the best businesses in the world, with very high growth and outstanding CEO-owners. The decision of where and when to IPO is one of the most important, and also one of the riskiest they will make. Our report gives the SME more of the facts, and analyzes the laws and regulations that control IPO markets in China, Hong Kong and USA. Having the right information is the key for SME to make the right choice of when and where to IPO.”