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HK retail stock buyers pile US$163b into IPOs

Small investors in the city are jumping at the chance to buy into higher-growth industries like tech

(From far left) Shang Xuesong, president of China Literature, and co-CEOs Liang Xiaodong and Wu Wenhui celebrating the listing of their company on Nov 8. It was this year's most popular IPO.

Hong Kong

MOM-and-pop investors haven't been this crazy for Hong Kong initial public offerings since 2009.

Hong Kong retail stock buyers placed orders for US$163 billion worth of equity in this year's major deals, according to data compiled by Bloomberg. That's equal to more than...

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