Hong Kong retail investors give Xiaomi’s IPO the cold shoulder, put off by high financing cost and valuation

Xiaomi’s US$6.1 billion initial public offering was subscribed to by Li Ka-shing, Jack Ma Yun and Pony Ma Huateng, but given the cold shoulder by most of Hong Kong’s retail investors, an ominous sign for the city’s bellwether fundraising attempt of 2018.
( read original story …)


Related Post

Soft Start Predicted For Hong Kong Stock Market
views 8
BOC Hong Kong shed 0.34 percent, Hong Kong & China...
Hong Kong’s third-quarter GDP growth seen co...
views 10
HONG KONG (Reuters) - Hong Kong's economic growth ...
Weak markets force Alibaba-backed Babytree to cut ...
views 17
HONG KONG (Reuters) - Alibaba-backed online parent...
Proactive gov’t benefits banking
views 18
Indeed, the Hong Kong banking sector performed wel...
Hong Kong Mortgage Corp Plans Infrastructure Fundi...
views 20
Hong Kong Mortgage Corp., the city’s government-ba...
Would-be buyers take heart as Hong Kong property m...
views 18
HONG KONG (Reuters) - Potential homebuyers priced ...
Hong Kong Bourse May Hand Back Monday’s Gain...
views 20
Hong Kong & China Gas advanced 1.08 percent, China...
Mainland Bank Leases Storefront in Central’s Wheel...
views 20
China’s Bank of Communications appears to be takin...
Consulting firm McKinsey launches new arm for desi...
views 22
Lunar, founded in 1984, added offices and design s...
Hong Kong: HANG SENG INDEX (.HSI) Investors buy on...
views 27
Stocks in Hong Kong rose on Tuesday as Beijing and...