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HK offers new hope for IPOs

By Chen Jia | China Daily | Updated: 2013-05-31 08:12

HK offers new hope for IPOs

More mainland companies to issue shares in overseas markets in Q3

The door for Chinese companies to list their shares outside the mainland market re-opened in Hong Kong this month, after two companies raised more than HK$20 billion ($2.57 billion), according to Fang Fang, CEO of China investment banking at JPMorgan Chase & Co.

"In June, and the coming third quarter, we will see more mainland enterprises issue shares in Hong Kong, in the United States or other overseas markets," he said.

HK offers new hope for IPOs

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