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Small companies shelve Hong Kong IPOs after official crackdown
Published Wed, Mar 1, 2017 · 09:50 PM
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Hong Kong
FOUR planned listings on Hong Kong's small-company exchange, known for its wild price swings, were shelved this week in the wake of a warning that participants would be more thoroughly scrutinised.
Logistics provider XiangXing International Holding Ltd said on Monday that it will postpone its initial public offering (IPO) on the Growth Enterprise Market (GEM) after receiving…
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