Deacons advises on GEM IPO of a HK financial trading solution provider

17 April 2019

Deacons advises the sole sponsor Dongxing Securities (Hong Kong) Company Limited and underwriters in relation to the GEM IPO of Novacon Technology Group Limited.

The company is a Hong Kong-based financial trading solution provider, primarily focused on financial trading solutions targeting the trading of OTC-traded financial instruments, stock exchange-traded financial instruments and fund management for wealth management companies.

The company published its IPO prospectus on 15 April 2019, seeking to raise up to HK$67 million (subject to the exercise of offer size adjustment option). Dealings in its shares on GEM of the Hong Kong Stock Exchange are expected to commence on 2 May 2019.

Our team is led by Rhoda Yung, Partner of our Corporate Finance Practice Group.