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’Minsheng Bank falls in HK debut
Shares of China Minsheng Banking Corp, China’s first private lender, staged a weak debut in Hong Kong on Thursday after a glut of offerings damped investor sentiment for new listings in the territory.
Maxis enjoys its maxi IPO while Hopu pulls out of Minsheng
While the hype about Asian IPOs is largely focused on China and the seemingly endless stream of offerings on the Shanghai and Hong Kong exchanges, Malaysia on Thursday quietly and smoothly staged the region’s largest IPO of the year.
Asia’s markets are still dancing for IPOs
SocGen’s uber-bear Albert Edwards has been at it again, predicting on Monday that markets worldwide will hit a fresh low in 2010 and suggesting that a new global recession is on the way. Oh, and faith in growth stories is a “sick joke”,
Asia braced for wave of flotations
Asia will see a strong pick-up in market listings in the second half thanks to a steady flow of flotations in Hong Kong and expectations that Beijing could soon allow domestic listings for the first time in almost a year.