May 2024

Have you ever wondered why two seemingly identical companies are valued so differently in the market?  It is crucial to recognize that both magnitude and sustainability of cash flow play vital roles in determining valuation. This holds true even for valuation multiples that appear to focus more on assets, such as the price-to-book ratio (P/B). […]

The New Capital Investment Entrant Scheme (CIES) launched by InvestHK has been one of the hottest topics in the Hong Kong financial market in recent weeks. Over the past two months, the BonVision team has provided preliminary valuation consultations for multiple clients of immigration consultants and successfully provided valuation reports for clients preparing to submit