China brokers in the lime-light as firm eyes HK IPO

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China brokers in the lime-light as firm eyes HK IPO

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China’s Orient Securities Co is set to test market appetite for brokerages as it tees up a Hong Kong IPO of as much as $1.5bn. Its filing with the exchange comes at a time when the market environment for the sector looks good amid a broader improvement in sentiment, write Jonathan Breen and John Loh.

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