Company: MEGL
Filing Date: 2025-05-09
Form Type: F-1
Source: 0001641172-25-009448
Chunk: 76

Company: Magic Empire Global Ltd
Filing Date: 2025-05-09
Form: F-1
Chunk 76
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 stock markets including Hong Kong. In addition, as an international financial hub and offshore Renminbi center backed by mature financial and transparent legal systems, the Hong Kong capital market will continue to be benefited by the influx of capitals from the PRC. The introduction of Shanghai-Hong Kong Stock Connect program and the Shenzhen-Hong Kong Stock Connect program strengthen the Hong Kong capital market’s role as a bridge between PRC and overseas markets.

Opportunity driven by other capital markets

With an increasing number of Hong Kong and RPC companies seeking to expand into listing in other capital markets, including the U.S. capital markets, there is a growing demand for advisory services related to cross-border transactions, IPO support, and regulatory guidance. Corporate finance providers can offer advisory services on corporate structure, financial management and internal control and assisting them in coordinating with, and supervising the work of, various professional parties involved in the entire listing process.

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Analysis of the corporate finance activities in Hong Kong

IPO

Hong Kong is one of the leading IPO markets in the world. In 2024, there were 71 IPOs launched in Hong Kong, raising approximately HK$87.5 billion, earning the Stock Exchange a fourth place among global stock exchanges. Set out below was the number of IPOs and equity funds raised via IPO in the Stock Exchange from 2015 to 2024.

<div align='center'>Source: Stock Exchange</div>

The decrease in number of IPOs and equity funds raised via IPO from 2021 to 2023 were mainly due to the impact caused by the COVID-19 outbreak and the raise in interest rates unveiled by the Federal Reserve in the second half of 2022. Hence, the capital markets and fundraising activities were negatively affected. There was a rebound on the number of IPOs and equity funds raised via IPO in 2024. Considerable opportunities have created for our sponsor and compliance advisory service business.

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Listed companies in Hong Kong

The number of listed companies increased steadily over the past 10 years driven by the active IPO and primary fund-raising activities in the Stock Exchange. Set out below are the number of listed companies in the Stock Exchange from 2015 to 2024.

<div align='center'>Source: Stock Exchange</div>

Listed companies may engage a financial adviser or an independent financial adviser to provide financial advisory services. We provide financial advisory services to listed companies in Hong Kong. The increase in the number of listed companies in the Stock Exchange, in particular