No go for Hopewell IPO as Asia equity slump drags on
Hopewell Hong Kong Properties was forced to pull its IPO on Thursday as Asian equity markets went from bad to worse. Bankers and issuers are now grappling with whether to launch deals with pricing that would allow for further falls — or hold off and hope that markets stabilise sooner rather than later.
Unlock this article.
The content you are trying to view is exclusive to our subscribers.
To unlock this article:
- ✔ 4,000 annual insights
- ✔ 700+ notes and long-form analyses
- ✔ 4 capital markets databases
- ✔ Daily newsletters across markets and asset classes
- ✔ 2 weekly podcasts