China Renaissance had priced its stock at the lower end of the price range, raising HK$2.7 billion (US$350 million) in its Hong Kong IPO. Photo: SCMP Handout

China Renaissance, key adviser on tech IPOs, plummets on Hong Kong stock market debut

A record number of Chinese tech firms have listed in Hong Kong this year, only to see their shares slip amid a sluggish stock market

Topic |   IPO

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China Renaissance had priced its stock at the lower end of the price range, raising HK$2.7 billion (US$350 million) in its Hong Kong IPO. Photo: SCMP Handout
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Laura He

Laura He

Before joining the Post, Laura worked for MarketWatch and The Wall Street Journal Digital Network in San Francisco and Hong Kong. She has also worked for Forbes in San Francisco and had stints at Xinhua News Agency as economics editor, anchor and financial correspondent in both Beijing and Hong Kong. She has an MA degree in digital journalism from Stanford University and passed CFA exams.