IPO Review Magic Empire Global MGEL Stock, Initial Public Offering Analysis, Moomoo Trade

 

👉Try Moomoo- Use My link and get 6 free stocks (deposit any amount) or 10 free stocks (deposit $2,000) to start trading! https://j.moomoo.com/00ikc9 *** For Australian citizens use this link: https://j.moomoo.com/00kYfG Will this IPO be the next HKD Stock AMTD Digital Inc MAGIC EMPIRE GLOBAL LTD. We are an active financial services provider in Hong Kong with a proven track record. (Incorporated in the British Virgin Islands) **Note: Magic Empire Global Limited is the BVI-incorporated holding company that will issue the ordinary shares offered in this IPO. **Note: Giraffe Capital Limited (“GCL”) is the Hong Kong entity operating the business. (Please see page ii of the prospectus.) **From the cover of the prospectus: “You may never directly hold any equity interest in our operating entity, GCL.” Since our establishment in 2016, we completed 8 IPO projects, for which we acted as the sole sponsor to the listing applicants. For the years ended Dec. 31, 2021, and 2020, we had been engaged in 6 IPO sponsorship projects, 31 financial advisory and independent financial advisory projects, 24 compliance advisory projects and 3 underwriting projects. We have a diversified client base. Our clients engage in a diverse spectrum of industry sectors, including online advertising, property development, property management services, supply chain management, manufacturing, chemicals, logistics, education, natural resources and travel. Hong Kong is one of the top global equity markets by market capitalization. As an international financial hub and gateway to China, the equity market in Hong Kong has experienced remarkable growth over the years. As of Dec. 31, 2021, the equity market in Hong Kong was ranked the seventh-largest stock market in the world, and the fourth-largest stock market in Asia, in terms of market capitalization, with a total market capitalization of approximately US$5,434.2 billion. **Note: Magic Empire Global Limited reported revenue of US$2.16 million and net income of US$202,398 for the year ended Dec. 31, 2021. **Please see the prospectus: Revenue and net income decreased in 2021 from 2020, according to the prospectus. We principally engage in the provision of corporate finance advisory services and underwriting services. Our service offerings mainly comprise the following: *IPO sponsorship services: We act as sponsors to companies pursuing listing on the Main Board (the “Main Board”) of the Stock Exchange and GEM (formerly known as Growth Enterprise Market) of the Stock Exchange, advising and guiding them throughout the listing process in return for a sponsor’s fee. *Financial advisory and independent financial advisory services: We act as (i) financial advisers (a) to our clients advising them on the terms and structures of the proposed transactions, and the relevant implications and compliance matters under the Hong Kong regulatory framework for listed companies such as the Listing Rules, the GEM Listing Rules and the Takeovers Code; and (b) to clients pursuing listing on other stock exchange; and (ii) independent financial advisers giving opinions or recommendations to the independent board committee and independent shareholders of listed companies, in return for an advisory fee. 😊👉Support My Work https://www.patreon.com/bullmarketwatch Please be sure to LIKE, SUBSCRIBE, and turn on them NOTIFICATIONS. Let me know in the comments if there is anything I can improve on moving forward. Thanks for Watching! #ipomarketwatch #moomoo #moomootrading ⚫FACEBOOK https://facebook.com/groups/659635791621800/ ⚫TWITTER https://twitter.com/watch_ipo 🔥 Disclaimer: Everything expressed in this video is a personal opinion provided for entertainment value only. I am not a professional nor a financial advisor. These are not instructions, suggestions, nor directions as to how to handle your money. Please, always do your own due diligence. Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, commenting, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational, or personal use tips the balance in favour of fair use.