PCD Stores and Shengli Oil & Gas Pipe hit the road

Department store operator PCD Stores seeks to raise $387 million, while oil and gas pipeline manufacturer Shengli is aiming for an IPO of up to $250 million.

December in Hong Kong started with yet another launch of an initial public offering. And it is perhaps fitting that it is a retail play that it trying its luck with investors in one of the busiest consumer spending months of the year. However, as the holiday season draws nearer, the question remains whether investors will be willing to dedicate too much more time researching new investments.

Arguably, the key to attracting attention in this environment is to have something...

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