The final quarter of every year is peak season for Asia’s equity capital markets and this year is no different, with a number of companies seeking to list before prices potentially become volatile after the US election early next month.
Unlike last year, when a number of large financial institutions including China Huarong Asset Management, China Reinsurance and CICC launched their offerings in the last three months, bankers said Hong Kong will only likely see a number of small- to mid-cap companies come to market.
Leading the pack is Hangzhou-based apparel retailer JNBY Design, which launched a HK$966 million $125 million initial public offering on...
¬ Haymarket Media Limited. All rights reserved.
