Hong Kong boutique asset management company KCG Group (KCG.US) applies for US IPO, aiming to raise $6 million.

Hong Kong-based boutique asset management company Keystone Global Financial Group submitted an application to the US Securities and Exchange Commission on Thursday, planning to raise up to $6 million through an IPO. Keystone Global Financial Group plans to issue 1.3 million shares of stock at a price of $4 to $6 per share, raising $6 million in funds. Based on the midpoint of the proposed offering price range, the company's market value will reach $63 million. Keystone Global Financial Group is a boutique asset management company that provides discretionary account services and fund investment management. The company generates sales commission income through the sale of investment products and services, commission income through referral services, and fees through fund custody. By 2024, the company has provided services to 73 clients in Hong Kong and mainland China, primarily high net worth individuals. Established in 2016, Keystone Global Financial Group generated $4 million in revenue in the 12 months ending June 30, 2025. The company plans to list on the Nasdaq under the ticker symbol KCG. The company submitted a confidential IPO application on June 6, 2025. Pacific Century Securities is the sole book manager for this transaction.