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Mixed Views On Hong Kong Market's Role Despite IPOs Lining Up

 
• By Jules Quartly

The first IPOs to get away under Hong Kong's new relaxed rules for the listing of pre-revenue bioventures have seen mixed performances so far, and observers also have varying views on the likely success of the initiative, although the territory's stock exchange remains bullish as more companies line up to float. 

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Mixed Early Days For Hong Kong's Ambitions As Listings Hub

Four months on from the biggest revamp in a quarter of a century for Hong Kong Exchanges and Clearing (HKEX), and the dawn of a touted new era is still breaking.

Chinese biotech valuations have taken a hit since the exchange's new rules for the listing of pre-revenue biotech venture were introduced on April 30. The Shanghai composite market continues its...

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