Short-term bounce back or long-term recovery? HK ECM activity steps up a notch in September
In a city that has not seen a single listing over $100m for nearly two months, the sight this week of Tenwow International Holdings launching a HK$1.6bn ($203m) IPO was a welcome reprieve for investors starved of issuance. But bankers have warned that talks of a full-blown Hong Kong ECM recovery are premature, writes Rev Hui.
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