The Exchange Square complex, which hosts the Hong Kong stock exchange. Photo: Sam Tsang
The Exchange Square complex, which hosts the Hong Kong stock exchange. Photo: Sam Tsang
IPO

Effects of China’s regulatory onslaught felt in Hong Kong as large IPOs fall by the wayside

  • Health care start-up We Doctor and supermarket operator WM Tech among those that have let their IPO applications lapse due to regulatory scrutiny, market weakness
  • The value of IPOs dipped to US$6.2 billion in the third quarter – the lowest since the start of the pandemic and behind South Korea for the first time in four years

The Exchange Square complex, which hosts the Hong Kong stock exchange. Photo: Sam Tsang
The Exchange Square complex, which hosts the Hong Kong stock exchange. Photo: Sam Tsang
READ FULL ARTICLE