The US$3.1 billion initial public offering of People's Insurance Co (Group) of China was the largest in Hong Kong in two years. Photo: Bloomberg
The US$3.1 billion initial public offering of People's Insurance Co (Group) of China was the largest in Hong Kong in two years. Photo: Bloomberg
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Money /  Markets & Investing

Era ends for mega mainland IPOs

Slowing mainland economy deters state firms from listing in the stock market, leading to shrinking profits and headcounts at banks

Bloomberg
Bloomberg

Updated: 5:01pm, 30 May, 2016

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The US$3.1 billion initial public offering of People's Insurance Co (Group) of China was the largest in Hong Kong in two years. Photo: Bloomberg
The US$3.1 billion initial public offering of People's Insurance Co (Group) of China was the largest in Hong Kong in two years. Photo: Bloomberg
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