Real estate deals topped the IPO list in October.
The Hong Kong Stock Exchange bagged the biggest flotation in Asia last month with the relaunch of ESR Cayman. It is the second-largest IPO on the Hong Kong Stock Exchange so far this year.
After an initial attempt in June, ESR filed for its IPO again four months later, this time with a cornerstone investor secured. It gave investors confidence and ESR stock increased 7.4% to as much as HK$18.04 $2.30 on November 1, though it had dropped back to its issue price of HK$16.80 when the market closed on Tuesday.
The charts...
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