EconomyDongshan Precision retail IPO undersubscribed as Hong Kong mega listing flops: sources
Chinese printed circuit board maker Suzhou Dongshan Precision Manufacturing failed to attract Hong Kong retail investors, making it one of the city’s least popular mega IPOs so far this year. Preliminary figures showed the public offering was undersubscribed, with fewer than 10,000 applicants. The company is seeking to raise up to HK$10.7 billion.
Dongshan Precision retail IPO undersubscribed as Hong Kong mega listing flops: sources
Economy