Few houses or investors have covered themselves in glory when it came to the tech sector this year, and BNP Paribas Peregrine BNPPP is no less different from most. Though this may seem a strange opener to the presentation of an award, it is necessary to put the bank's achievements into the context of a bubble, which burst spectacularly when the NASDAQ suffered its first major precipitous crash on April 14.
What BNPPP should be applauded for is having the foresight to spot a market opportunity and go for it. The bank has built up a 46% market share for GEM Growth Enterprise Market listings in Hong Kong, having brought eight companies to market...