Hong Kong dollar deposits dropped almost 12 per cent in February. Photo: Shutterstock Hong Kong dollar deposits dropped almost 12 per cent in February. Photo: Shutterstock
Hong Kong dollar deposits dropped almost 12 per cent in February. Photo: Shutterstock

Hong Kong dollar deposits plummet 12 per cent in February new year holiday takes heat out of IPO frenzy

  • There were only seven new stock market listings in February, compared with 15 in January, according to data from Refinitiv
  • The decline in deposits was the biggest since November when the refund of Ant Group’s suspended IPOs

Topic |   Banking & Finance
Hong Kong dollar deposits dropped almost 12 per cent in February. Photo: Shutterstock Hong Kong dollar deposits dropped almost 12 per cent in February. Photo: Shutterstock
Hong Kong dollar deposits dropped almost 12 per cent in February. Photo: Shutterstock
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