Hong Kong languishes in lean times for listings

Hong Kong's IPO drought continues. According to data from Thomson Reuters, the year to date has seen a respectable 42 new listings on the local bourse, but these offers combined raised only US$5.5 billion.

Compare that to the IPO by Japan Airlines on the Tokyo exchange, which generated US$8.5 billion alone, or the US$3.6 billion New York listing of Banco Santander's Mexican unit, both of which priced in September. This year the Hong Kong exchange will probably not be claiming its usual top global ranking for new listings.

via Business feed http://www.scmp.com/business/money/markets-investing/article/1049523/hong-kong-languishes-lean-times-listings