In a new landmark yesterday (Monday), Deloitte & Touche Corporate Finance launched an IPO for a Mainland Chinese company on the main board of the Hong Kong Stock Exchange. The HK$320 million ($41.03 million) deal for Global Bio-chem Technology follows other successes for the firm. In July 2000, it became the first professional services-linked firm to act as an independent financial adviser in Hong Kong when it advised the independent board committee of Joyce Boutique on its takeover by Wheelock. We speak to managing directors Lawrence Chia and Richard Winter on their philosophy of capturing the middle market in investment banking. Q: WhatÆs the history of the Global Bio-chem Technology IPO?
