Hong Kong listings called off, while Amtek cuts IPO size

Bluestar Adisseo and Datang's renewable power unit both scrap their Hong Kong listing plans as the market turns more volatile and risk appetite drops.

A modest rebound in the Hong Kong stockmarket yesterday wasn’t enough for two listing hopefuls that have called off their plans citing the increasingly volatile markets.

Immediate concerns about escalating tensions on the Korean peninsula eased off somewhat yesterday as the day passed without any further incident, but investor risk appetite appears to have waned significantly resulting in less interest in primary market deals, both equity and debt.

With only a few weeks to go before Christmas and worries about the Ireland debt crisis and monetary policy tightening in China already crippling the global markets, many investors are asking themselves whether they really need to take on additional exposure at this point. And North Korea’s...

¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222