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HONG KONG, Apr 12, 2016 - (ACN Newswire) - The recent listing of the first IPO sponsored by Southwest Securities International Securities Limited ("Southwest Securities International" or the "Company") (stock code: 812.HK) on the Stock Exchange of Hong Kong ("HKEX") has marked a major milestone for the Company to tap Hong Kong and international capital markets.
 | | Louis Luo (first left), Vice President of Southwest Securities International delivered a speech at the investor luncheon |
Founded in 1988, the new listing, Get Nice Financial Group Limited ("Get Nice Financial") (stock code: 1469.HK), has been spun off by Get Nice Holdings Limited (stock code: 064.HK). Get Nice Financial is a renowned financial services provider in Hong Kong with a leading position in brokerage services and securities margin financing services. Get Nice Financial was listed on the Main Board of HKEX on 8 April 2016 and raised proceeds of HK$508 million. On the first trading day, after reaching a high of HK$1.11, the share price closed at HK$1.05, 5% above its offer price of HK$1.
After receiving the spin-off approval by HKEX, Southwest Securities International's investment banking team spent just over two months in preparation to successfully submit a listing application to HKEX on 30 September 2015 with continuous efforts. In the subsequent nearly six months, Southwest Securities International managed IPO-related matters for Get Nice Financial and maintained effective communications with the regulators, ultimately ensuring that company's successful listing.
After the completion of its first IPO project, Southwest Securities International will continue to focus on providing corporate financing services for quality SMEs with high future growth potential. With the recruitment of new talent, the investment banking division of Southwest Securities International will possess full service licenses. Its scope of business will expand from financial advisory services for listing, corporate mergers and acquisitions and the compliance and independent financial advisory business to financial advisory services for general offer and ancillary equity acquisition financing services. Thus Southwest Securities International will provide comprehensive corporate financing services for its customers.
As a Chinese investment bank, Southwest Securities International is well positioned to optimise the opportunities presented by the corporate culture, systems and future development direction of Mainland China. By leveraging the vast network and resources of its parent company Southwest Securities (stock code: 600369.SH) in Mainland China, Southwest Securities International can optimise its competitive edge to explore collaboration with quality customers and build a complete investment banking industry chain with the aim to become the preferred partner of customers in Greater China and Southeast Asia.
Media Enquiries:
Corporate Communication
Southwest Securities International
Email: corporate_comm@swsc.hk
Strategic Financial Relations (China) Limited
Email: sprg-swsi@sprg.com.hk
Topic: Press release summary
Source: Southwest Securities International Securities Limited
Sectors: Daily Finance, Daily News
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From the Asia Corporate News Network
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