Consumer duo test appetite for HK IPOs

Investors and bankers will pay close attention to the flotations of IMAX China and Regina Miracle ahead of bigger deals towards the end of the year.
IMAX China started premarketing on Tuesday
IMAX China started premarketing on Tuesday

Movie technology developer IMAX China and intimate wear manufacturer Regina Miracle will be the first initial public offerings out of the gate in Hong Kong after the summer lull and should serve as a gauge of market sentiment for bigger deals to come.

July and August are typically slow months for Hong Kong’s equity capital markets as investors and bankers head off for their holidays. On top of this, China's markets have tanked over the past few months.

Despite a series of rescue measures by the Chinese government to stabilize the stock market including rate cuts, currency depreciation, IPO suspension and relaxation of margin financing rules the...

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