Money for nothing?

25 Mar 2010

Everyone loves the idea of easy money, but Asia’s IPO markets are proving that there is no such thing.

Small deals aside, only one among this month’s batch of Hong Kong listings managed to price at the top of its target range. Hats off to Fook Woo, which captured the attention of the investing public with its unique business model, which essentially involves collecting confidential memos and ...

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