Hong Kongs IPO market withers as billion-dollar listings lapse. China's regulatory onslaught leads to slowdown in the hub's market


Source: techstory.in techstory.in

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Hong Kong’s essential posting market is going through a dry fix in what is ordinarily the most active season. A few potential billion-dollar beginning public contributions going from store proprietor WM Tech Corp. to medical care startup We Doctor Holdings Ltd. have allowed their applications to pass as of late as administrative examination and financial exchange shortcoming creases postings. Huge IPOs dropping off the radar are a further indication of how China’s administrative attack is causing a slump in the monetary center point’s market for first-time share deals. President Xi Jinping’s push to adjust organizations to his vision of “normal...