ESR Cayman back with $1.5bn upsized HK IPO, new lead bank
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ESR Cayman back with $1.5bn upsized HK IPO, new lead bank

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Warehouse construction firm and lessor ESR Cayman relaunched a bigger Hong Kong IPO this week, four months after pulling its first listing attempt because of volatility. But a revamped syndicate team and positive momentum in the local IPO market have given the new deal some impetus, writes Jonathan Breen.

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