Valuation Experts with Professional Backgrounds
Valtech Valuation is proud to announce that Mr. Max Tsang, Director of Valtech, has passed all the qualification exams for Certified Public Valuer in the People’s Republic of China (the “PRC”). The qualification will allow him signing off statutory valuation report in PRC issued by a licensed valuation firm in the PRC. More importantly, it sharpens the edge of Valtech in providing generally accepted valuation opinion and the team ability to solve and opine on complicated valuation issues by truly passed qualification exams and criteria globally.
Max Tsang is a seasoned valuation professional with a uniquely broad credential set across accounting, valuation, markets, and risk: CFA, FRM, CPA (HKICPA), ACCA, MRICS, ABV (by AICPA). This combination lets him integrate IVS standards with IFRS/HKFRS and US-GAAP fair-value requirements for businesses and intangibles—grounded in capital-markets and risk fluency.
Max focuses on cross-border transactions and financial reporting, including purchase price allocations (IFRS 3/ASC 805), goodwill and asset impairments (IAS 36/ASC 350), fair-value measurement and disclosure (IFRS 13/ASC 820), share-based payment and complex instruments (IFRS 2/ASC 718), and independent opinions for circulars, connected transactions, and special situations. Having worked extensively with international companies with wide range of backgrounds and international investors, he translates between requirements in PRC, IFRS/HKFRS, and US-GAAP practices, aligning methods, inputs, and documentation to satisfy auditors, regulators, and boards.
According to Mr. Max Tsang “Valtech can deliver rigorous, decision-useful valuations that withstand scrutiny—clearly articulated for a defined purpose (listed companies’ disclosure, tax, accounting etc.) across jurisdictions.”
In Singapore, under the leadership of Dr. Charlie Yang, a Chartered Valuer and Appraiser (CVA) holder registered with ACRA in Singapore, works closely with Hong Kong team to provide qualified business opinion covering the Southeast Asia markets.
Where Valtech Outshine Typical Valuation Specialists
- One roof for various frameworks: the People’s Republic of China, IFRS/HKFRS, Singapore, and US-GAAP—understanding the right presentation to fit usage in different markets even for the same conclusion.
- Full asset stack: Real estate & infrastructure + business/intangibles (RICS/IVS/ABV/IFRS/US-GAAP) for coherent, end-to-end narratives.
- Risk-aware economics: FRM depth improves discount rates, market calibration, credit risk modelling that support valuation of debt.
- Audit & transaction credibility: Multi-body recognition (CPA, CVA, ACCA, ABV, RICS) improves acceptance with Big Four reviewers, boards, and regulators.
Board Markets Outreach & Situations
- HK-listed, US-listed, Singapore-listed with PRC operations / dual-listed groups: PPAs, impairment testing, and circulars requiring IVS-consistent, auditor-ready reports.
- Private equity & family offices: Complex cap tables, earn-outs, preferences; periodic ASC 820/IFRS 13 marks and exit-readiness.
- Tech & growth equity: IFRS 2/ASC 718 and complex instruments, calibration to market comps, liquidity/volatility haircuts.
- Disputes & fairness opinions: Multi-framework defensibility with transparent methodologies and robust sensitivity analysis.
Valtech possesses extensive experience in collaborating with local experts worldwide to deliver high-quality international valuation reports supported by local insights.
About Valtech Valuation
Valtech Valuation is a professional valuation firm accredited with ISO-9001 in valuation advisory services. The firm is renowned for its expertise in advanced valuation techniques, customized valuation models, data-driven insights, and adherence to compliance and reporting standards. The firm has a solid track record in valuation advisory for listed companies, private equity, fund managers, and financial institutions. Valtech’s qualified team comprises members with PhDs, CPA (HKICPA), CFA, Chartered Valuation Surveyors of the Royal Institution of Chartered Surveyors, and valuers accredited with Business Valuation (ABV) by AICPA and CVA qualifications in Singapore. Valtech continues to expand into more markets by leveraging its valuation platform and recruiting local experts.







