HK IPOs plagued by bottom pricing

Most companies that sold shares for the first time in Hong Kong this year have had to accept pricing at the low end of their expected range. Tough conditions for first-time issuers globally — ranging ... ( read original story ...)

Yacht builder Ferretti eyes $470m Hong Kong IPO

Proceeds will be used to develop new types of yachts and acquire suppliers as the builder anticipates better market conditions. Ferretti is expected to enjoy a ‘palpable’ valuation premium against com ... ( read original story ...)