BRIEFS: Faltering Chinese Recovery Leaves Hong Kong Short of IPOs, But Hope Remains
BY Sarah Wong |
Shaking off the COVID-19 shadow after three isolated years, Hong Kong is now gripped by a fresh challenge as subdued markets sap the appetite for fundraising activities. With weak global demands and domestic headwinds putting a dent in China's much-hyped reopening, Hong Kong's capital markets have been struggling to take off.