The about-turn by the exchange underscores how the HKEX – itself a publicly traded company with the world’s biggest market valuation – must balance its pursuit of a robust pipeline in initial public offerings (IPOs) with an acceptable minimum standard and quality on the exchange.
HKEX backs away from doubling IPOs’ profit threshold after outcry
2021-05-05T05:20:15-04:00May 5th, 2021|