{
  "docId": "019dd923-5e88-73ef-bd58-dc60a93c3154",
  "docSlug": "48a731e2d1ddcc99",
  "documentTitle": "ey global ipo trends q4 2019",
  "authorId": "MorganStanley",
  "authorName": "EY",
  "documentKindSlug": "consulting-deck",
  "documentKindLabel": "Consulting deck",
  "sourceTypeSlug": "equity_research",
  "sourceTypeLabel": "Equity research",
  "presentationDate": null,
  "orientation": "landscape",
  "aspectRatio": 1.778,
  "pageNumber": 16,
  "pageCount": 36,
  "prevPage": 15,
  "nextPage": 17,
  "slideType": "ceo_quote",
  "function": "summarize",
  "density": "dense",
  "nDataPoints": 0,
  "notes": null,
  "elementsJson": [
    "headline_text",
    "quote_block",
    "photo"
  ],
  "metadataConfidence": 1,
  "imagePath": null,
  "slideHref": "/slides/019dd923-5e88-73ef-bd58-dc60a93c3154/16",
  "deckHref": "/decks/019dd923-5e88-73ef-bd58-dc60a93c3154",
  "deckJsonHref": "/decks/019dd923-5e88-73ef-bd58-dc60a93c3154.json",
  "deckAnchorHref": "/decks/019dd923-5e88-73ef-bd58-dc60a93c3154#slide-16",
  "components": [
    {
      "bbox": null,
      "kind": "callout",
      "text": "With the launch of mega IPOs and the recovery of IPO activity in Q4 2019, the Hong Kong IPO market is finishing 2019 on a high note.",
      "attrs": null,
      "subkind": null,
      "toolName": "Visual emphasis",
      "toolSlug": "visual-emphasis",
      "confidence": null,
      "componentId": "019dd952-3408-77db-b483-88fe6fd0479c",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.08,
        "w": 0.2,
        "x": 0.04,
        "y": 0.82
      },
      "kind": "paragraph",
      "text": "Terence Ho\nEY Greater China IPO Leader",
      "attrs": null,
      "subkind": "paragraph",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "90def088-c39c-4aef-846b-d1ab944a64a3",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.45,
        "w": 0.65,
        "x": 0.04,
        "y": 0.35
      },
      "kind": "quote",
      "text": "With the launch of mega IPOs and the recovery of IPO activity in Q4 2019, the Hong Kong IPO market is finishing 2019 on a high note. In Mainland China, the newly launched STAR market continued to drive robust IPO activity in the last quarter of the year. Higher IPO activity and positive post-IPO returns in 2019, combined with strong IPO pipelines suggest that 2020 will be a very active year for IPOs in Mainland China and Hong Kong markets. Owners that are well prepared to capture the right IPO window, flexible on valuations and understand regulatory requirements will have a clear advantage.",
      "attrs": null,
      "subkind": "pull-quote",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "d426e1d1-b4c0-4b63-8716-66e81299eed6",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": null,
      "kind": "quote",
      "text": "With the launch of mega IPOs and the recovery of IPO activity in Q4 2019, the Hong Kong IPO market is finishing 2019 on a high note. In Mainland China, the newly launched STAR market continued to drive robust IPO activity in the last quarter of the year. Higher IPO activity and positive post-IPO returns in 2019, combined with strong IPO pipelines suggest that 2020 will be a very active year for IPOs in Mainland China and Hong Kong markets. Owners that are well prepared to capture the right IPO window, flexible on valuations and understand regulatory requirements will have a clear advantage. — Terence Ho, EY Greater China IPO Leader",
      "attrs": null,
      "subkind": null,
      "toolName": "Authority citation",
      "toolSlug": "authority-citation",
      "confidence": null,
      "componentId": "019dd952-3408-77db-b483-8ebfc2487b93",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.15,
        "w": 0.7,
        "x": 0.04,
        "y": 0.14
      },
      "kind": "title",
      "text": "STAR market and healthy pipelines suggest robust IPO activity in 2020",
      "attrs": null,
      "subkind": "action-title",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7bdcde85-7405-49ed-bb46-eaf41bfa52fb",
      "frameworkName": null,
      "frameworkSlug": null
    },
    {
      "bbox": {
        "h": 0.05,
        "w": 0.5,
        "x": 0.04,
        "y": 0.07
      },
      "kind": "title",
      "text": "Asia-Pacific – Mainland China and Hong Kong IPO market insight",
      "attrs": null,
      "subkind": "headline",
      "toolName": null,
      "toolSlug": null,
      "confidence": null,
      "componentId": "7ba0cfa7-fe2b-489c-a250-976806832f78",
      "frameworkName": null,
      "frameworkSlug": null
    }
  ],
  "metrics": [],
  "tools": [
    {
      "name": "CEO quote contradiction",
      "slug": "ceo-quote-contradiction",
      "agent": null,
      "layer": "slide",
      "matchId": "481a1ad0-d772-4199-8513-89c5b8514a1d",
      "evidence": "The slide contains a CEO quote, but it does not explicitly show a contradiction.",
      "confidence": 0.5
    }
  ],
  "frameworks": [],
  "arcBeats": [],
  "loops": [
    {
      "to": 28,
      "from": 3,
      "name": "Golden Circle",
      "slug": "11-golden-circle",
      "bestFor": "Visionary leadership, brand positioning, mission statements",
      "matchId": "60a54dce-003d-4e46-8e3e-33bdde4d9b06",
      "evidence": "The document implicitly follows the Golden Circle by explaining the context (why) of the IPO market, the current state (what), and providing insights (how)",
      "position": 0,
      "objective": "To understand the why, what, and how of the current IPO market trends",
      "structure": "The Why (Belief) -> The How (Process) -> The What (Result)",
      "confidence": 0.7,
      "description": "Invert the typical pitch by starting with why you exist, rather than what you do"
    }
  ],
  "imagePathAlt": null,
  "thumbSrc": null,
  "thumbSrcAlt": null,
  "locked": true
}