Nam Tai gives Hong Kong IPO market a boost.

Nam Tai Electronic & Electrical Products closes four times over-subscribed despite difficult markets.

Shenzhen-based electronics manufacturer Nam Tai Electronic Electrical Products NTEEP priced its IPO at HK$3.88 per share on Thursday, just above the halfway point of its HK$3.55 to HK$4.20 indicative range.

Specialists say the deal performed well, considering volatility generated by possible interest rate rises in the US and China, plus a possible slowing in China's surging growth. Investors know this company is a top-end company, with high earnings growth and is working with some of...

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