The Connect Hall at HKEX in Central, Hong Kong. Photo: Jonathan Wong
The Connect Hall at HKEX in Central, Hong Kong. Photo: Jonathan Wong
IPO

Leapmotor, Onewo IPOs undersubscribed in Hong Kong as stock investors get cold feet amid market sell-off

  • Hong Kong investors failed to fully subscribe for their local allocations in the two stock offerings as the Hang Seng Index slides to an 11-year low
  • Some 35 of the 47 IPOs in Hong Kong this year have handed investors losses, with Gogox the worst of the lot with a 76 per cent slump

The Connect Hall at HKEX in Central, Hong Kong. Photo: Jonathan Wong
The Connect Hall at HKEX in Central, Hong Kong. Photo: Jonathan Wong
READ FULL ARTICLE