October 2012 Vol. 17 No. 10
China IPO flipping heading for flop
Category: China, Hong Kong
By By Paul Mackintosh – September 17, 2012
Many readers will remember a time when Hong Kong was the world’s Number One IPO venue. According to a recent report from Haitong Securities – itself a beneficiary which raised US$1.7 billion in one of the territory’s largest 2012 listings – quoted in the Wall Street Journal, Hong Kong’s IPO market this year stands at a ten-year low, at $5.8 billion to end August 2012.
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