Yuan IPOs pique Hong Kong interest but no takers - yet

Some Hong Kong firms were interested in listing yuan-denominated shares in the city but did not want to lead the way, Hong Kong Exchanges and Clearing chief executive Charles Li Xiaojia said.

"Some Hong Kong companies have expressed interest in IPOs in yuan and Hong Kong dollars. We are in discussions with them, but they are shy about doing so. Each company is waiting for another to be the first to do such an IPO," Li said.

via Business feed http://www.scmp.com/business/money/markets-investing/article/1072826/yuan-ipos-pique-hong-kong-interest-no-takers-yet