HK equities in a frenzy as soaring index fuels blocks

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HK equities in a frenzy as soaring index fuels blocks

Hong Kong

The Hong Kong ECM market is on fire, with block deals notching up impressive volumes of $2.1bn in just the first half of April. Opportunistic sell-downs have been made in droves with banks desperately scouring the market for more transactions, as they face sellers taking different approaches to the stock rally, writes Rashmi Kumar.

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