, Columnist
Big Bang Means Buyer Beware in Hong Kong IPOs
There’s a wave of exciting, and riskier, companies coming.
Photographer: pederk/E+/Getty Images
This article is for subscribers only.
Hong Kong’s stock market is about to get a lot bigger, sexier – and riskier.
A flood of hot China tech and biotech listings is heading for the former British colony, in a blow to the New York and Nasdaq exchanges that have hitherto attracted many of the mainland’s choice new-economy flotations.