The Southwood Group Hong Kong Gives Mainland China IPO’s New Hope

The Southwood Group looks at the recent developments for Chinese companies and new hopes to listing their shares outside the mainland as the market re-opened in Hong Kong this month, after two corporations raised more than HK$22 billion.

In May, Two Chinese mainland companies completed IPOs listed on the Hong Kong market, Sinopec Engineering (Group) Co Ltd raising HK$13.72 billion and China Galaxy Securities Co Ltd raising HK$8.36 billion, raising a combined sum of more than $2.8 billion dollars. China Galaxy Securities gained 6.1 percent from its initial offer price when trading c..

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