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Hong Kong IPO Boom Is a Bust for Many

The average initial public offering in Hong Kong since the start of 2009 is down 13%, and more than two-thirds of the offerings have underperformed the Hang Seng Index since their listings.

 

Shanghai Pharma Seeks up to US$2.22 Bln in HK IPO

Shanghai Pharmaceuticals is seeking to raise up to US$2.22 billion in an initial public offering on the Hong Kong stock exchange on May 20.

 

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