Hong Kong IPO disclosure precedents, by matter
How Hong Kong IPO filings disclose customer concentration, related-party transactions, working capital, non-compliance and more: precedents by kind of matter, with the filings' own words.
Business
- Customer concentration550 companies
- Supplier concentration541 companies
- Overlapping customers and suppliers469 companies
- Connected or related major customers / suppliers255 companies
- Distribution model324 companies
- Reliance on platforms, partners or licences153 companies
- Single product, business line or region257 companies
- Government or SOE customers and tenders83 companies
- Raw material and commodity prices252 companies
- Pricing policy and price changes247 companies
- Outsourced production (OEM / contract manufacturing)382 companies
- Overseas markets and operations266 companies
- Particular sales arrangements172 companies
- Business changes and acquisitions253 companies
- Key long-term agreements116 companies
- Backlog and project economics140 companies
- Capacity and utilisation171 companies
- Seasonality and cyclicality331 companies
- Reliance on the controlling shareholder65 companies
- Other102 companies
Financial
- Losses and path to profitability328 companies
- Decline in revenue or profit189 companies
- Net current liabilities or net liabilities131 companies
- Negative operating cash flow164 companies
- Cash burn and runway136 companies
- Working capital: receivables, prepayments and cash cycle547 companies
- Inventory level and ageing474 companies
- Goodwill, intangibles and asset impairment222 companies
- Preferred shares and fair-value liabilities233 companies
- Investments and fair-value assets324 companies
- Indebtedness, guarantees and other contingent obligations78 companies
- Adverse change after the track record192 companies
- Non-IFRS measures and adjustments355 companies
- Transfer pricing99 companies
- Non-recurring gains and losses311 companies
- Related-party transactions and balances411 companies
- Material share-based payments150 companies
- Contract liabilities and customer prepayments33 companies
Compliance
- Leased property45 companies
- Owned property & construction permits22 companies
- Social insurance & housing fund55 companies
- Labour dispatch & outsourcing3 companies
- Other employment5 companies
- Data, cybersecurity & privacy52 companies
- Licences, permits & filings54 companies
- Environmental protection18 companies
- Work safety, fire & occupational health13 companies
- Product quality, advertising & consumers5 companies
- Intellectual property24 companies
- Litigation & arbitration7 companies
- Administrative penalties & investigations2 companies
- Third-party payments, personal accounts & cash15 companies
- Lending, bills financing & guarantees5 companies
- Tax, invoices & subsidies19 companies
- Foreign exchange & outbound investment4 companies
- Foreign investment & VIE2 companies
- Internet, content, algorithms & telecoms9 companies
- Medical, pharma & clinical trials9 companies
- Bribery, antitrust & unfair competition2 companies
- Tendering & procurement2 companies
- Export control, sanctions & tariffs36 companies
- Customs & trade4 companies
- Mining, energy & natural resources1 companies
- Other6 companies
Special regimes
- Chapter 18A biotech83 companies
- Chapter 18C specialist technology28 companies
- Weighted voting rights25 companies
- Contractual arrangements (VIE)28 companies
- Sanctioned countries and export controls190 companies