Newton braves tough IPO market
Newton Resources started bookbuilding for its up-to-HK$2.35bn ($301.9m) Hong Kong IPO on Monday. But some bankers questioned the timing of the mining company’s foray into the equity markets, given several indications that investors are turned off by the sector.
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