HK exchange said to probe multiple orders for hot IPO Hong Kong


Source: chinadailyhk.com chinadailyhk.com

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HK exchange said to probe multiple orders for hot IPO By Bloomberg Friday, February 19, 2021, 14:06 By Bloomberg A pedestrian wearing a protective mask walks past a stock ticker at the Exchange Square complex, which houses the Hong Kong Stock Exchange, in Hong Kong, May 29, 2020. (PHOTO / BLOOMBERG) The Hong Kong Special Administrative Region’s stock exchange is probing whether investors violated rules by placing multiple subscriptions to improve their odds of participating in the initial public offering of New Horizon Health Ltd. Hong Kong Exchanges & Clearing Ltd , through share registrar Tricor, has asked brokers involved...