renmin university: The shares closed down 7.5 percent at HK 1.24 0.16 . Photo VCG The gradually stabilizing situation in Hong Kong is one reason that companies are resuming IPOs on the Hong Kong bourse, analysts said on Sunday, according to Global Times China. Logistics real estate developer ESR Cayman and Anheuser-Busch InBev both announced plans last week to revive IPOs that were shelved over the summer. The company suggested that the trade war has had basically no impact on its operations, as less than 20 percent of the routes are affected by the trade row and customers are adjusting. The two IPOs are both heavyweights. The gradually stabilizing situation in Hong Kong is behind the return of these IPOs, said Liu Ying, a research fellow at Renmin University of China's Chongyang Institute for Financial Studies. Budweiser Brewing Co APAC - AB InBev's Asian unit - would be the largest among pulled deals globally this year, with ESR Cayman the third-biggest, according to media reports.
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