News Updates
Find out all about our firm’s latest news updates below. To learn more about any individual item, please contact us here.
News Updates
Find out all about our firm’s latest news updates below. To learn more about any individual item, please contact us here.
Stevenson, Wong & Co. acted as the Hong Kong legal adviser to Revere Securities LLC (“Revere Securities”), the underwriter of Prestige Wealth Inc. (NASDAQ: PWM) (“Prestige Wealth”) in its successful listing on the Nasdaq Capital Market on 6 July 2023 (the “Nasdaq Listing”). Prestige Wealth offered a total of 1,000,000 Ordinary Shares, priced at US$5.00 per share. The aggregate gross proceeds from the Offering was US$5 million.
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Prestige Wealth, through its subsidiaries, provide wealth management and asset management services in Hong Kong. Their clients are primarily high net worth and ultra-high net worth individuals in Asia with the majority residing in mainland China or Hong Kong. Their business was licensed to undertake Type 4 (Advising on Securities) regulated activity and Type 9 (Asset Management) regulated activity under the Securities and Future Ordinance.

Our Partners, Mr. Hank Lo and Mr. Gordon Tsang, and Associate Mr. Ben Chan, acted as the Hong Kong legal counsel for Revere Securities in the Nasdaq Listing and provided comprehensive Hong Kong legal services.
Please contact Mr. Hank Lo or Mr. Gordon Tsang for any enquiries or further information about this transaction.
We are pleased to announce that Partner Gordon Tsang has been appointed as a member of the Advisory Committee for the College of Professional and Continuing Education (CPCE) of The Hong Kong Polytechnic University (PolyU).
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As a member of the Advisory Committee, Mr Tsang will advise CPCE and contribute to its strategic direction and development to provide a forum for academics, industry, commerce, government, professionals, and the community. He will also advise CPCE on the scope and nature of its academic programmes, research, and other activities, with a focus on meeting the needs of Hong Kong and the region.
About the College of Professional and Continuing Education
The College of Professional and Continuing Education (CPCE) is a self-financed college of The Hong Kong Polytechnic University (PolyU), established in 2002. It oversees two educational units – Hong Kong Community College (HKCC) and the School of Professional Education and Executive Development (SPEED). The college aims to provide high-quality tertiary education at different stages of learners’ studies/careers by offering multiple education pathways. It also promotes scholarly activities and collaborates with professional bodies, businesses, and community groups to serve society.
For more information, please contact our Partner Gordon Tsang.
Stevenson, Wong & Co. acted as international counsel for Neijiang Investment Holding Group Co., Ltd. (the “Issuer”) in its successful issuance of CNY 297 million 7.80% bonds due in 2028.
The Issuer is a state-owned enterprise 90% owned by the State-owned Assets Supervision and Administration Commission of Neijiang Municipal Government and 10% owned by Sichuan Provincial Department of Finance. It is the major investment and financing entity of the development and construction in Neijiang City.
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Donghai International Securities (Hong Kong) Limited and CCB International Capital Limited acted as the joint global coordinators, joint lead managers and joint bookrunners. Donghai International Securities (Hong Kong) Limited, CCB International Capital Limited, Zhongtai International Securities Limited, CMBC Securities Company Limited, Hong Kong Main Fund Securities Limited and Riches Depot Securities Co., Limited acted as the joint lead managers and joint bookrunners.
Our team was led by our Partner Mr. Rodney Teoh, supported by team members including Associates Ms. Angela Lau, Ms. Audrey Ng and Trainee Solicitor Mr. Austin Kot.
Please contact our Partner Mr. Rodney Teoh for any enquiries or further information.
On 26 June 2023, our Partner Gordon Tsang was invited to speak at the “Going Public is Just the Starting Point – Features and Advantages of the U.S Capital Market U.S Stock Research Forum”.
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At the forum, Gordon discussed and compared the listing requirements in different US markets, including Nasdaq Capital Market, Nasdaq Global Market, New York Stock Exchange and NYSE American. He introduced the process and focus of the US IPO project and shared his successful experience in US listings to help the audience better understand the US listing process.
The forum was well received and concluded with an engaging Q&A session involving business leaders, investors, financial and legal professionals.




Please contact Mr. Gordon Tsang for any enquiries or further information.
