Business Valuation

Property Valuation

Corporate Transaction 

Previously, we are honored to be engaged by COSCO SHIPPING Holdings Co., Ltd. (1919.HK) in providing PPA valuation services for their Acquisition of Orient Overseas (Int’l) Ltd. (316.HK). This was the largest M&amp;A transaction in the global shipping industry in terms of deal price.
 
Please <a href="../../../../../uploads/CaseHighlight_COSCO_20190503_87da489474.pdf" target="_blank" rel="noopener">click here</a> to know more about the acquisition and its transaction synergy and our engagement. 
 
<img src="../../../../../uploads/a_a82449e3a4.png" alt="" width="700" height="495" /><a href="../../../../../uploads/CaseHighlight_COSCO_20190503_87da489474.pdf" target="_blank" rel="noopener"><img src="../../../../../uploads/a_e1c764fdde.png" alt="" width="700" height="493" /></a>

container-ship-2856899_1920

CFA, FCPA, FCPA (Aust.), MRICS, RICS Registered Valuer
Vincent is the Founder and Managing Director of AVISTA Group, who leads the firm’s Valuation Advisory, Risk Management Advisory, ESG Advisory and Corporate Advisory services in Hong Kong and the PRC.
Vincent has 20 years of experiences in valuation advisory, M&amp;A advisory, business consulting and corporate investment, advising clients in a range of industries, including TMT, financial services, pharmaceutical and energy etc. Hence, He has been leading the firm to make breakthroughs in these areas.
Before founding AVISTA, Vincent served as an Associate Director of PwC and was in charge of the valuation division in Beijing. He has advised numerous large M&amp;A deals in both China and overseas for multinational corporations and Chinese state-owned enterprises. He also has extensive experiences in providing valuation services for US and HK IPO listing.

VINCENT PANG

Managing Director

Hailey is responsible for business valuation, intangible asset valuation and financial instrument valuation service for financial reporting and consulting purposes.
Hailey has over 10 years’ experience in valuation service and M&amp;A financial advisory service in China. Before joining AVISTA, Hailey was a manager in PricewaterhouseCoopers with working experience in both Valuation Service and Corporate Finance Department.
During the past years, Hailey has participated in several large M&amp;A deals to provide modeling, pricing valuation or valuation advisory service. Besides, she was involved in numerous projects for US and HK listed or pre-IPO listing companies to review their valuation prepared for financial reporting purpose. In addition, she also acted as a financial advisor for several private equity financing and outbound acquisition projects.

HAILEY JIN

Director

CFA, FCPA, LL.M, MRICS, RICS Registered Valuer
Ivan is mainly responsible for business valuation, intangible asset valuation and financial instruments valuation for financial reporting purpose and consulting &amp; advisory purpose.
Ivan has 10 years’ experience in valuation sector. Prior to joining AVISTA, Ivan has worked with KPMG in Risk Advisory Service and Assurance Departments. Ivan has led several local and overseas valuation and advisory projects across different industries for transaction, IPO and financial reporting purposes.

IVAN LUI

Case Highlight - Acquisition of Orient Overseas (Int'l) Ltd. by Cosco Shipping Holdings Co., Ltd.

Staying at home and working-from-home have become the new norms under COVID-19. The social-distancing measure has rapidly driven the development of the Information Technology industry. Online games, communication software, and e-commerce are all benefited from the pandemic. Digital transformation was also spotted in various industries through adopting big data, cloud computing and artificial intelligence technologies in daily operations. However, the network security, data security and personal information security risks brought by the application of new technologies are more noticeable than ever.
 
In early July 2021, The Cyberspace Administration of China (CAC) issued the "Cyber Security Review Measures (Revised Draft for Comments)” to respond to the data security concerns arising from recent Chinese companies' applications for overseas listings. With the introduction of various laws and regulations, companies should place more emphasis on cybersecurity and strengthen internal control systems to avoid any violations of laws and regulations.
 
Click <a href="../../../../../uploads/_2f7fc17902.pdf" target="_blank" rel="noopener">here</a> to download the full insight. (Available in Chinese version only.)
 
<a href="../../../../../uploads/_2f7fc17902.pdf" target="_blank" rel="noopener"><img src="../../../../../uploads/cover_3826de4709.JPG" width="600" /></a>

95713048_m.jpg

 The Cyberspace Administration of China (CAC) Draft on  "Cyber Security Review Measures” 

The low interest rate environment and emerging economic recovery after consecutive quarters of contraction supported the revival of investment activities in office properties. Meanwhile, the risks of sooner-than-expected rate hikes and uncertainties surrounding the outbreak of the Delta coronavirus variant may pressure the office market, either on investment or leasing activity in particular.
 
In this publication, AVISTA Property Valuation team covered the performance of the HK office market in 2021 Q2 and the market potential of newly developed districts such as Kowloon East and Hong Kong Island South.
 
<a href="../../../../../uploads/AVISTA_HK_Office_Market_Insights_Q2_2021_EN_40827eb92d.pdf" target="_blank" rel="noopener">Click here</a> to download the full insights.
 
<a href="../../../../../uploads/AVISTA_HK_Office_Market_Insights_Q2_2021_EN_40827eb92d.pdf" target="_blank" rel="noopener"><img src="../../../../../uploads/cover_en_3e2af67100.JPG" width="600" /></a>

38391858_m.jpg

Early Signs of Recovery in Property Investment Market despite Subdued Leasing Activities—AVISTA HK Office Market Insights (Aug 2021)

Coupled with rising concerns of climate change and governments’ commitment to carbon neutrality, it is an irreversible trend of electric vehicles increasingly being adopted, with China and Europe being the key markets. This phenomenon has unsurprisingly brought investment attractiveness in the financial market. The electric vehicle-related Exchange Traded Funds (ETF) notably outperformed the general market in both the United States and China over the previous year, which was contributed by the companies in the value chain of industry, ranging from lithium &amp; battery to vehicle manufacturing.
 
Click <a href="../../../../../uploads/New_Energy_Vehicle_Sector_Update_July_2021_1b542f4196.pdf" target="_blank" rel="noopener">here</a> to download the full report. 
 
<a href="../../../../../uploads/New_Energy_Vehicle_Sector_Update_July_2021_1b542f4196.pdf" target="_blank" rel="noopener"><img src="../../../../../uploads/EV_cover_en_1039de1b40.JPG" width="600" /></a>