Thursday, January 3, 2013

Mainland growth spurt set to boost Hong Kong floats in 2013





The market for initial public offerings (IPOs) in Hong Kong is expected to rebound in the second half of this year as the impact of Beijing's pro-growth policies begins to turn around the mainland's tepid economic growth, according to PricewaterhouseCoopers (PwC).


Benson Wong, a partner at PwC's Hong Kong office, yesterday predicted that mainland policymakers will reach deeper into their tool kit, helping to support new listings in Hong Kong, including several mega deals from the finance and information technology industries.









via Business feed http://www.scmp.com/business/money/markets-investing/article/1118626/mainland-growth-spurt-set-boost-hong-kong-floats

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