Gains for some mainland offers are slowing as traders rotate out of small firms ineligible for the stock connect scheme. Photo: Reuters Gains for some mainland offers are slowing as traders rotate out of small firms ineligible for the stock connect scheme. Photo: Reuters
Gains for some mainland offers are slowing as traders rotate out of small firms ineligible for the stock connect scheme. Photo: Reuters

Rising values put an end to cheap China IPOs

Firms listed at bargain prices when flotations resumed months ago, but rallies have wiped out discounts and added to market volatility

Gains for some mainland offers are slowing as traders rotate out of small firms ineligible for the stock connect scheme. Photo: Reuters Gains for some mainland offers are slowing as traders rotate out of small firms ineligible for the stock connect scheme. Photo: Reuters
Gains for some mainland offers are slowing as traders rotate out of small firms ineligible for the stock connect scheme. Photo: Reuters
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