All eyes on China Galaxy’s $1.5bn IPO as wary dealers ready Hong Kong bank pipeline
Chinese financials are lining up Hong Kong IPOs in what promises to be a bumper year for listings in the sector. First up is China Galaxy Securities, whose $1.5bn IPO will start pre-marketing on Monday. But dealers will need to work hard on investor education if they want the deal to succeed and not scupper the chances for those hoping to follow, writes Lorraine Cushnie.
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