Equities

Hong Kong IPO issuers should be more cautious over pricing

Budweiser APAC’s IPO flop is a timely reminder for issuers and advisors to leave money on the table for prospective investors instead of squeezing every penny out of their pockets.

Hong Kong suffered yet another blow in its attempt to attract big-ticket listings on its stock exchange this year after Anheuser-Busch InBev last week decided to pull the plug on the spinoff of its Asian business.

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