TAIPAN: Is Hong Kong ready for an IPO rush?

24 Aug 2009

Just how much can one market take? All this talk of new Hong Kong listings has to make you wonder how many IPOs it will it take to knock the Hang Seng index off its 20,000 perch.

If bankers are to be believed — admittedly not a popular notion these days — new shares worth a cool $10bn are set to begin trading on the Hong Kong exchange in a period of around four weeks from the middle of September. A lot of different factors ...

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