News Snapshot:
- A + A HONG KONG (Aug 5): The majority of stocks listed in Hong Kong since the start of last year are trading well below their initial selling prices, data showed, leaving investors out of pocket and dimming prospects for a pickup in share sales for rest of 2022. Of 132 initial public offerings (IPOs) and secondary listings on the city's stock exchange since the start of 2021 — collectively raising US$47.6 billion — 111 are currently trading in the red, data from analytics firm Dealogic showed. Markets have been ravaged over the past two years by a storm...
