The Hong Kong initial public offering market has continued to stir back to life in the aftermath of the UK’s Brexit vote with the launch of a HK$2.6 billion to HK$3.4 billion $340 million to $433 million IPO for China Logistic Property Holdings CNLP.
The deal follows hard on the heels of the launch of a HK$1.35 billion to HK$1.7 billion IPO for property service provider Greentown on Tuesday and the pricing of a HK$7.79 billion flotation for Orient Securities DFZQ on Wednesday.
However, while the deal flow is back on track, a fully functioning IPO market is not, with...
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