Hong Kong eyes $5.6bn IPO dash to the end of the year
Hong Kong is falling behind its rivals as an IPO destination. This year it has lost the top spot, slipping behind the likes of the New York Stock Exchange, Nasdaq and the London Stock Exchange. With just two months left, the city is very unlikely to regain its crown by the end of 2013, but market watchers are still expecting another $5.6bn of volume — expected to be enough to secure third place, writes Rev Hui.
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