December in Hong Kong started with yet another launch of an initial public offering. And it is perhaps fitting that it is a retail play that it trying its luck with investors in one of the busiest consumer spending months of the year. However, as the holiday season draws nearer, the question remains whether investors will be willing to dedicate too much more time researching new investments.
Arguably, the key to attracting attention in this environment is to have something unique to offer and PCD Stores Group believes it does. Aside from its well-established department store business, the company has recently launched its first outlet mall -- a business that is more about volumes than...