CityLinkers’ capital market specialists are equipped to resolve critical issues that arise during the IPO journey. Our team combines extensive hands-on experience with an in-depth understanding of the rules and regulations of all major capital markets, ensuring you receive informed, practical advice every step of the way.
CityLinkers offers expert IPO readiness assessments.
Recognised in the market for our extensive professional IPO experience, CityLinkers offers comprehensive support in assessing a company’s readiness to go public. Our IPO readiness evaluation is designed to identify strengths, address gaps, and prepare the business for a smooth and successful listing process.
A standard listing preparation assessment conducted by CityLinkers typically includes a thorough review of historical financial information and the development of compelling “investment stories” to attract potential investors. We assess major requirements and potential obstacles to listing, ensuring any issues are identified and resolved early in the process.
Our team evaluates the optimal transaction structure, including opportunities for tax optimisation, and analyses key value drivers as well as risk factors that may impact corporate valuation. We review corporate governance arrangements to ensure they meet the standards of the relevant capital market and assist in selecting suitable professional parties for listing, such as legal advisors, underwriters, and reporting accountants.
Additionally, we provide industry and peer comparisons to position the company competitively in the market, conduct detailed listing preparation assessments, and perform pre-listing valuations to help stakeholders understand potential market reception.
Through this structured and strategic approach, CityLinkers ensures that companies are fully equipped—both operationally and strategically—to meet the demands of the IPO process and achieve a successful market debut.
The IPO preparation process typically takes 12 to 24 months from initial readiness assessment to listing. The timeline depends on the company's starting financial reporting maturity, corporate structure complexity, and the target exchange. CityLinkers provides a detailed project plan with milestones during the readiness assessment phase to ensure realistic scheduling.
We support listings on the HKEX Main Board and GEM Board, New York Stock Exchange, NASDAQ, and Singapore Exchange (SGX). Our team has experience with the listing rules, regulatory requirements, and market practices of each exchange. We help companies select the most appropriate venue based on industry, valuation, and investor base considerations.
A traditional IPO involves direct public offering through underwriters with a set price range and bookbuilding process. A SPAC listing involves merging with an already-listed shell company, which can be faster but involves different sponsor economics and governance structures. CityLinkers advises on both routes and helps companies determine which is more suitable.
Yes. We provide pre-listing valuation analysis using multiple methodologies including discounted cash flow (DCF), comparable company analysis, and precedent transaction analysis. This analysis helps set realistic price expectations, supports discussions with underwriters, and provides a defensible valuation framework for regulatory filings and investor presentations.
We evaluate potential sponsors and underwriters based on their sector expertise, track record on comparable IPOs, research coverage capabilities, distribution network, and fee structures. We assist with preparing request-for-proposal materials, conducting beauty contests, and negotiating engagement letters to ensure favourable terms and clear accountability.
HKEX-listed companies must comply with the Corporate Governance Code, which covers board composition, independence requirements, board committees (audit, nomination, remuneration), risk management, and shareholder communication. At least one-third of directors must be independent non-executive directors. CityLinkers reviews governance structures and recommends remediation before listing.
Yes. We provide ongoing post-listing support including continuous disclosure obligations, corporate governance compliance, investor relations advisory, and periodic financial reporting assistance. Our team ensures that newly listed companies maintain compliance with HKEX Listing Rules or the applicable rules of their listing venue, reducing the risk of regulatory breaches.
