China outbound: CLSA leads Hong Kong’s return to global IPO top spot
The Hong Kong Stock Exchange (HKEX) is set for a bumper crop of new listings for the remainder of 2018 with CLSA mandated on more than 30 IPOs.
Whilst other international investment banks reduce their exposure to fixed-income, currencies and commodities, China’s largest brokerage firm is expanding into the capital-intensive business to enable European institutional investors to invest in Asian credit products.
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