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Dongshan Precision retail IPO undersubscribed as Hong Kong mega listing flops
Summary by South China Morning Post
1 Articles
1 Articles
Dongshan Precision retail IPO undersubscribed as Hong Kong mega listing flops
Chinese printed circuit board maker Suzhou Dongshan Precision Manufacturing Co failed to excite retail investors in Hong Kong, making it one of the least popular mega initial public offerings (IPOs) in the city so far this year. Bookbuilding closed as scheduled on Friday, with preliminary figures showing the public offering has been undersubscribed with fewer than 10,000 applicants, according to people familiar with the matter. Dongshan Precisio…
·Hong Kong, Hong Kong
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