The Hong Kong Exchanges and Clearing Limited’s Connect Hall is shown in Central. Photo: Sam Tsang

Hong Kong’s first-quarter IPOs generate biggest returns in four years as bull market builds up

  • Two big reasons behind surge: Fewer IPOs and overall strength of market
  • CStone Pharmaceuticals led returns with 31 per cent in first month
Topic |   IPO

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The Hong Kong Exchanges and Clearing Limited’s Connect Hall is shown in Central. Photo: Sam Tsang
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