Skype hype points towards an IPO recovery
The launch on Monday of a potential $1bn Hong Kong IPO for aluminium extrusion products maker China Zhong Wang and news of a prospective $1bn IPO of internet telecom company Skype by eBay got ECM bankers hungry for deals this week. But none of them were naïve enough to expect an imminent turnaround in the moribund listing market.
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