Those of us who have an interest in Hong Kong IPOs be it the investors who buy the deals, the bankers that bring them to market or the reporters who write about them have got used to a pick-up in activity in the fourth quarter.
Several of the biggest new listings in each of the past few years have taken place in the final three months and they have been joined by a flood of smaller companies as well. With the exception of last year, the October to December period has seen a greater number of new listings than any of the preceding three quarters since 2009...