SFC turns up heat on HK IPOs with bank probes
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SFC turns up heat on HK IPOs with bank probes

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The Hong Kong Securities and Futures Commission has fired a warning shot at banks, with both Standard Chartered and UBS being investigated for their roles as IPO sponsors. The move has left other banks wondering which one will be next and comes at a time when the IPO market is teetering. John Loh reports.

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