Greentown China Holdings and China Grand Forestry know this first hand. The placements for these Chinese issuers, which were completed in the past week, were both done at discounts that were a couple of percentage points wider than what could have been expected under ônormalö market conditions. And while the order flow was still decent, the orders sizes were significantly smaller than before the correction.
With share prices reaching new highs in the secondary market, however, many...
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