HK’s IPO rush ahead of US election

Mid-sized companies dominate offerings as Hong Kong enters peak season for listings.

HK’s IPO rush ahead of US election

The final quarter of every year is peak season for Asia’s equity capital markets and this year is no different, with a number of companies seeking to list before prices potentially become volatile after the US election early next month.

Unlike last year, when a number of large financial institutions including China Huarong Asset Management, China Reinsurance and CICC launched their offerings in the last three months, bankers said Hong Kong will only likely...

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