Investment Bank China Renaissance Is Reborn on First-Quarter IPO Boom

Company’s deal volume rose six-fold in first three months of 2021, as it helped to underwrite Kuaishou’s blockbuster Hong Kong listing (Photo above of Renaissance founder Bao Fan) Key points: China Renaissance has reported a banner first-quarter on an explosion of IPOs by Chinese tech companies The investment bank faces several headwinds, including growing movement by big Wall Street banks into its backyard By Ben Livesey Boutique dealmaker and private equity investor China Renaissance Holdings Ltd. (1911.HK) has been going gangbusters this year. The self-proclaimed one-stop shop for Chinese “new…

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China Renaissance Profits from Position as Leading Chinese Investment Bank

Company’s 2020 profit more than quadrupled as it underwrote mega-listings for names like Lufax and Beike Zhaofeng By Doug Young As we head into the fourth year of one of the longest IPO booms in recent memory, China Renaissance Holdings Ltd. (HKEx: 1911) has been a major beneficiary. One of the nation’s largest and one of only a few listed investment banks, Renaissance just gave investors a late Christmas and Lunar New Year present, saying its 2020 profit more than quadrupled to just over 1 billion yuan ($155 million), as…

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