EconomyHong Kong IPOs falter as China aids homebuyers and EU trade talks continue
Hong Kong’s IPO market is losing momentum as a flood of new offerings weighs on investor appetite. Bloomberg data shows seven of September’s 12 listings fell on their first trading day, bringing third-quarter first-day declines to 15 of 31, compared with 14 of 77 in the first half. Medcaptain Medical Technology dropped 43 per cent.
Hong Kong IPOs falter as China aids homebuyers and EU trade talks continue
Economy