Deloitte: IPO market in Hong Kong to slow in 2022

The IPO market in Hong Kong is set to slow in 2002, said Deloitte China recently wen releasing its interim review and outlook for the Chinese Mainland and Hong Kong markets. In 1H 2022, the lingering Russia-Ukraine conflict, sharp rise of interest rates and tapering in the US, China’s pandemic situation and control measures resulted in jittery stock markets across the globe, the review says. Weak, less liquid markets prompted a plunge in the number of new listings and funds raised in many key capital markets, including New York and Hong Kong, the review adds. However, following years of reforms…