EconomyLosing steam? Hong Kong hit by a run of lacklustre IPOs amid tepid investor demand
Hong Kong’s IPO market has faced a difficult few days: all six listings launched this week were priced at or near the bottom of their marketed ranges, amid weak institutional interest. Hosin Electronics, a Chinese memory-product maker, and Xiaomi-backed chipmaker Zhuhai Amicro Technology debuted on Thursday, joining the city’s busiest IPO week in months. Both companies trimmed...
Losing steam? Hong Kong hit by a run of lacklustre IPOs amid tepid investor demand
Economy