An Initial Public Offering (IPO) is the process in which a private company goes public and offers shares to the public in a new stock issuance on The Stock Exchange of Hong Kong Limited (“Stock Exchange”). Companies do this by working with an IPO sponsor which are typically investment banks, as well as other professional parties including a share registrar like BoardRoom, to work through the necessary due diligence, pricing, transition, and more. Companies embark on an IPO listing as it can provide the company with access to new capital funding and greatly increase the rate at which they are able to grow and expand their business.