AMTD Group’s investment banking platform – AMTD International Inc. (“AMTD International”, NYSE: HKIB / SGX: HKB), NYSE and SGX-ST dual listed company, announced today that the estimated net profits of AMTD International for the year ended December 31, 2019 will increase by not less than 50%, as compared to that for the year ended December 31, 2018.
Despite the volatility in international capital markets in 2019, AMTD Group’s investment banking platform AMTD International (NYSE: HKIB, SGX: HKB), Asia’s largest independent investment bank, achieved an upbeat set of results. The total number and value of capital market transactions completed in 2019 both surpassed that of 2018 and reached a new height in AMTD International’s operating history. In 2019, AMTD International, as the Global Coordinator and / or Bookrunner (a senior role in the underwriting syndicate), completed 24 Hong Kong and US IPOs and equity capital market transactions, with a total financing amount of over US$4.6 billion, consisting of 16 Hong Kong IPOs, 6 US IPOs and 2 block trades. These transactions included two IPOs of Chinese regional banks, Jinshang Bank and Bank of Guizhou on the HKEX in which HKIB served as the only JGC besides deal sponsors; Maoyan Entertainment’s Hong Kong IPO, the first IPO in China’s Internet Entertainment Services industry; Feihe Group’s HK IPO, the largest IPO from dairy industry in the history of HKEX; CMGE Technology’s Hong Kong IPO, a transaction with one of the largest cumulative subscription monies in the retail tranche in 2019 ; Shanghai Henlius Biotech’s HK IPO, the largest IPO in biotech industry in HK; and FangDD’s US IPO, the first US IPO in real estate SaaS industry. During 2019, AMTD International, as the Global Coordinator and / or Bookrunner, completed 24 international debt capital market transactions with a total financing amount of more than US$ 6 billion, including the first overseas preferred shares issuance by Guangzhou Rural Commercial Bank; and the largest Tier 2 capital bond offering by Nanyang Commercial Bank in Hong Kong’s banking sector during the past ten years.
In August 2019, AMTD International was successfully listed on NYSE and became the first Hong Kong financial institution listed on U.S. capital market. In December 2019, AMTD International completed a series of private placements of new shares and convertible notes, became one of the few China Concepts Stocks which completed new shares placement within half a year post IPO at a price higher than that of the IPO. On April 8, 2020, with the approval from the Monetary Authority of Singapore (“MAS”) and SGX-ST, AMTD International was officially listed on SGX-ST. AMTD International became the first company ever to be dual listed on NYSE and SGX-ST; the first company featuring dual-class shares (DCS) listed on SGX-ST; the largest financial institution headquartered in Hong Kong listed on SGX-ST as measured by market capitalization; the first Hong Kong financial institution listed on SGX-ST; the largest company in terms of market capitalisation to list in Singapore this year so far; and the first company to have a digital listing ceremony.