Hong Kong IPO allocation rules shift focus to institutions, limit retail access

Hong Kong IPO allocation rules shift focus to institutions, limit retail access

Hong Kong Exchanges and Clearing’s (HKEX’s) latest listing rules on distributing shares in popular initial public offerings (IPOs) are expected to draw more institutional investors and family offices but curb retail participation, according to industry players. The rules, which came into effect on August 4, mandate that IPO candidates allocate at least 40 per cent…

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Can Singapore’s bourse regain its allure, as more companies flock to Hong Kong for IPOs?

Can Singapore’s bourse regain its allure, as more companies flock to Hong Kong for IPOs?

Hong Kong’s vast lead over Singapore as a listing venue appears unassailable, with even the Southeast Asian city’s home-grown companies heading north to raise funds, but the city state remains determined to improve its allure, according to bankers and analysts. IFBH, a Singapore-incorporated Thai firm that is the world’s second-largest bottler of coconut water, started…

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