Corporate Finance

Enhancing IPO Due Diligence Process and Avoiding Potential Red Flags

New Full


Since the introduction of the "new sponsor regime" in 2013, the HKEX has raised the bar for the quality of the draft prospectus first submitted to the HKEX. HKEX requires the draft prospectus to be substantially complete, failing which the listing application will be returned and the names of the listing applicant and the sponsor will be shown on the HKEX website. At the same time, SFC requires the sponsors to conduct sufficient due diligence before submission. Anything less than this might risk receiving disciplinary actions from the SFC.

This course sets out key areas that a sponsor's due diligence should cover and points out a number of items which might cause a listing application be returned or rejected by HKEX.


This course seeks to help sponsors to enhance the IPO due diligence process and avoid potential red flags prior to the submission of IPO listing application.


IPO due diligence process and certain potential red flags prior to submission

Who should attend

The course is primarily targeted to senior management, corporate financiers, capital market and IPO practitioners.

Speaker/Course Instructor

Daniel WAN
Mr Daniel Wan specialises in Hong Kong initial public offerings (IPOs). Daniel is a partner at one of the top 5 Hong Kong IPO law firms acting for underwriters in terms of number of successful IPOs. In 2015, 2016, 2017 and 2018, Daniel has acted for sponsors and underwriters in over 20 successful Hong Kong IPOs.

Daniel graduated from the University of Leicester, UK with a first class honours degree in law. He was admitted as a solicitor of the High Court of Hong Kong and the Supreme Court of England and Wales, respectively.

Daniel has taken part in the Hong Kong Stock Exchange's listing reform in 2018. During the consultation process Daniel represented 14 sponsor and other firms and a number of investment bankers to prepare and submit responses to the consultations.


Date & Time
Wednesday, 18 Dec 2019 (6:30PM - 9:30PM)
HKSI Institute Training Centre
New, Full
SFC:3.00, PWMA:3.00