HONG KONG—With Chinese companies seeking access to western capital markets, Xinhua Finance—China’s premier financial services and media company—has acquired global investor relations firm Taylor Rafferty. The deal will help grow Xinhua Finance’s investor relations services and Taylor Rafferty’s client base and service offerings in China and across Asia.
Taylor Rafferty is a leading independent investor relations firm and advisor on cross border financial communications with offices in New York, London and Tokyo. The firm’s offerings include integrated IR, media and research and analysis.
“This acquisition benefits Xinhua Finance by adding professional, independent IR consulting capabilities, capital markets processes and practices developed for many of the world’s leading public companies, and a global investor database and technological platforms, all of which have up until now been focused outside of China and Asia ex-Japan,” says Xinhua Finance CEO Fredy Bush. “Taylor Rafferty complements our current IR service line and financial communications offerings in China and Asia.”
Taylor Rafferty managing directors Brian Rafferty and Jim Prout said the merger would help to advance best practice investor relations in China and provide the firm with the resources to seize new opportunities presented by the rapidly-evolving global capital markets. Rafferty and Prout will continue to lead its client service and practice development.
“Not only have Xinhua Finance’s service lines established first mover advantage in China and Asia, but its management is developing specialized financial service capabilities to seize the world-wide opportunities created by the changing needs of issuers, investors and financial service professionals alike,” says Rafferty.