News Snapshot:
Xinhua17 Dec 2020, 22:51 GMT+10 HONG KONG, Dec. 17 (Xinhua) -- Hong Kong Exchanges and Clearing Limited (HKEX) is expected to record its best year in terms of IPO fund-raising this year since 2010, reinforcing Hong Kong's status as a global financial hub. In a statement released on Thursday, HKEX predicted a 25-percent year-on-year rise in total initial public offering (IPO) fund-raising volume so far this year thanks to robust listings of new economy companies, which accounted for close to 60 percent of the total. An increasing number of money-starved new economy companies have turned to Hong Kong as the...
