Six Hong Kong IPOs set to price this week

The market will be watching the larger offerings from Excellence and Evergrande, which are seeking to raise up to $1 billion and $834 million respectively.

With six companies set to announce pricing for their Hong Kong initial public offerings over the next few days, this will be an important week for setting the course of the IPO market for the remainder of 2009. If the demand is sufficient enough for the deals to price high, it is likely to boost confidence among other issuers waiting in the wings and kick-off another wave of listings. However, should they price too high, it could trigger another round...

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