China Tower saw lukewarm demand from retail investors for its Hong Kong IPO. Photo: EPA
China Tower saw lukewarm demand from retail investors for its Hong Kong IPO. Photo: EPA
IPO

China Tower’s IPO gets cool retail response as trade tensions and unstable markets keep investors cautious

Brokers say only about 21 per cent of the retail offer has been taken up, although the international portion has had more success

Topic |   IPO
China Tower saw lukewarm demand from retail investors for its Hong Kong IPO. Photo: EPA
China Tower saw lukewarm demand from retail investors for its Hong Kong IPO. Photo: EPA
READ FULL ARTICLE