Mandy Cheung

Mandy Cheung

The hard part isn't strategy.
It's what comes next.

A Hong Kong capital markets advisor to ambitious companies preparing to raise, restructure, or list.

Free IPO Guide
Accepting 4 new founders this quarter

SFC Type 6 Licensed · IPOs, M&As & Restructurings · US$500M+ in Deal Value · Now Accepting Q4 2026

Three reasons to reach out

Most conversations start one of three ways

You don't need a polished agenda.
You just need to be building something worth the conversation.

Exploring a listing

You're weighing whether NASDAQ or HKEX makes sense for where your business is now — and what it would actually take.

Decided to list

You've made the call. What stands between you and a filing is structure and records — ninety days of focused work.

Just want to connect

Comparing notes, a possible collaboration, or a conversation with no agenda. I keep room on the calendar for it.

Corporate Advisory · Flagship Engagement

The 90-Day Readiness Engagement

You have decided to list. What stands between you and a filing is rarely the decision — it is how your group is owned and what your financial records will survive. I spend ninety days fixing both.

See the 90-Day Readiness Engagement →

Fixed fee US$15,000 · typically 90 days · contracted with the company

About Mandy

I'm a Hong Kong SFC Type 6 licensed corporate finance advisor — 10+ years, 60+ transactions, and US$500M+ in deal value across HKEX and NASDAQ. IPOs, general offers, convertible bonds, and restructurings. The kind of cross-border work where regulatory complexity is the norm, not the exception.

Most capital markets advisors serve businesses that have already arrived. The builders and operators still in the climb — the ones who started with no backing and figured it out as they went — get overlooked. I work with precisely those people, because I'm one of them.

Integrity is my core value.
I'm in a service industry, and I act like it.
The client's success is the only metric that matters.

Track record

The situations behind the numbers

10+ years · 60+ transactions · US$500M+ in deal value advised · HKEX sponsor track record.
A selection of the situations I've worked across IPOs, privatisations, restructurings, and the Takeovers Code.

First-time NASDAQ listing — US consumer company

Full advisory · approaching listing

Privatisation — Sincere Co. (00244.HK)

Voluntary general cash offer taking a listed company private

Convertible bond + whitewash — Century Sunshine (00509.HK)

Financing structured around Takeovers Code whitewash requirements

Mandatory general offer — Alpha Professional (00948.HK)

Offer obligations worked through after a change in control

Group unwind — Alpha Professional (00948.HK)

Disposals and off-market buy-backs to untangle a structure

HKEX IPOs as named sponsor

TL Natural Gas · Vision Int'l · Sunlight

Selected transactions across the engagement history.

The Fortnightly Operator Brief

One question, every two weeks.
For people who do serious work and want to show up better at it.

Free · Fortnightly · Unsubscribe Anytime