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Hong Kong exchange reports IPO drought in 2022 as profits slide
Hong Kong exchange reports IPO drought in 2022 as profits slide
Business and Economy
by  AFP

Hong Kong's stock exchange last year saw the fewest new listings in more than a decade, it said Thursday as the city struggles to emerge from pandemic isolation and kickstart an economic recovery. Before the pandemic, Hong Kong's bourse was often crowned as the top IPO venue in the world, drawing more than 100 new listings annually between 2013 and 2020.