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Hong Kong Leads the Global IPO Market Since September

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Sculptures of water buffaloes stand as pedestrians walk past an electronic ticker board and screens displaying stock figures outside the Exchange Square complex, which houses the Hong Kong Stock Exchange.

Sculptures of water buffaloes stand as pedestrians walk past an electronic ticker board and screens displaying stock figures outside the Exchange Square complex, which houses the Hong Kong Stock Exchange.

Photographer: Justin Chin/Bloomberg
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Hong Kong’s IPO market is making a huge comeback.

Defying the intensifying protests that have hurt the city’s economy from trade to tourism, Hong Kong’s has led the world in initial public offerings since the start of September.