A second straight session of gains was all it took for the Hong Kong placement market to stir back to life with not just one, but two deals of size last night.
Textile manufacturer Shenzhou International Group raised HK$1.54 billion $198 million from a top-up placement and China Investment Corp CIC reduced its stake in GCL-Poly Energy Holdings, a supplier of polysilicon and wafers for solar cells, through a HK$2.23 billion $287...