Hong Kong Issuers Seek to Boost Trading in Overlooked Stocks

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(Bloomberg) — Hong Kong stock issuers are looking to boost trading in some stocks suffering from thin volumes, which they say is hurting the ability of companies to access financing through follow-on offerings. They are targeting more than a thousand companies on the Hong Kong stock exchange, including some based outside the city, with advice on increasing investor coverage, said KC Chan, the head of the Chamber of Hong Kong Listed Companies. A new group of specialists within the chamber will also look to advise companies looking to raise funds in the city, he said. “While large companies have an…

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