Financial hub: The central business disctrict in Hong Kong, China. Mainland companies have long been drawn by Hong Kong’s standing as a global financial hub, stable legal regime and large pool of institutional investors, but the downside of those benefits is a much lower share price than they could achieve on mainland bourses. — Bloomberg
HONG KONG: As China’s richest man Wang Jianlin prepares to delist his main commercial real estate company from Hong Kong, bankers expect more Chinese businesses to head back home, irked by the deep discount for shares listed on the territory’s stock exchange.
Hong Kong has been the most popular location for share listings from Chinese state-owned and private enterprises for three decades, making it the world’s leading destination for initial public offerings (IPOs).
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