News Snapshot:
Of 132 IPOs and secondary listings on the city’s stock exchange since the start of 2021, which raised some $47.6 billion, 111 are currently trading in the red, new data has shown The poor performance of most new stock listings in Hong Kong over the past 18 months is clouding the prospects for share sales during the rest of the year. Of 132 initial public offerings (IPOs) and secondary listings on the city’s stock exchange since the start of 2021 – collectively raising $47.6 billion – most are trading well below their initial price with 111 in the red, data...
