After months of thin volumes and a series of postponed deals, all of a sudden the Hong Kong market is brimming with listing hopefuls. To say that the primary market is buzzing with activity is not quite right in fact several of the smaller deals that are currently pre-marketing are keeping a very low profile but there is definitely a lot of choice for investors right now.
Adding up the information from various sources, we estimate that more than 10 companies could go public in Hong Kong between now and the end of the year, including at least four billion-dollar plus offerings. Even at the low end of their targets,...