Red IPOs Are Hot in Hong Kong

Meredith, Robyn
October 2005
Forbes Asia;10/31/2005, Vol. 1 Issue 6, p22
The article reports on the possible increase in the initial public offerings (IPO) in the Hong Kong Stock Exchange in China in 2005. The largest IPO in the world was from China Construction Bank which cost about $8.2 billion. Big Chinese companies such as Sinopec had sold American Depository Receipts on the New York Stock Exchange. The Hong Kong exchange is expected to continue to raise more money in IPO from Chinese banks.


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