Hong Kong sell-downs taper off after record April

Following several large private equity sell-downs in Hong Kong there are signs that block sales are taking a breather.

Hong Kong sell-downs taper off after record April

After a record volume of share sales in April, institutional investors are starting to turn cautious on further offers believing Hong Kong's stock market may have peaked at seven-year highs, say bankers. 

Long-only institutional investors the main buyers of these accelerated offerings feel that markets have peaked and are due for a correction, according to market sources.

The Hang Seng Index has climbed 16.6% so far this year up to May...

To continue reading, please login or register for free

Print Edition

FinanceAsia Print Edition


  • 2nd Compliance Summit Southeast Asia

    17 August 2017  |  Singapore
    The 2017 Compliance Summit Southeast Asia will take an in-depth look at the key compliance considerations today with a focus on regulation and new ...