HONG KONG, November 23 (Reuters) – Chinese real estate firm Future Land Development Holdings Ltd raised around $265m from an IPO in Hong Kong, pricing the deal at the lower end of its proposed range, the latest indication of the toughening funding environment in the city. Between 2009 and 2011, hong kong initial public offerings (IPOs) globally, raising a total of around $120 billion.
A total of 20 companies are expected to list on the HK stock market, raising a total of 17.7 billion Hong Kong dollars by 2022. EY today released its report on IPO markets in mainland China and Hong Kong, reviewing the IPO activity globally and in Greater China during the first half of 2022, and analyzing prospects for the second half of the year.
AI software start-up DataRobot might not be a name that is known to many members of the public, but its workers are experiencing the familiar challenges of the technology start-up landscape, with markets turning against IPOs of high-growth technology companies. Offering shares to the public in Hong Kong via a prospectus that does not comply with requirements outlined by the Companies Ordinance can constitute a criminal offense. The laws and regulations relevant to the labour and employment law firm hong kong require each such offering to be made with a prospectus complying with certain content requirements outlined in the Company (Resolution and Miscellaneous Provisions) Ordinance, the Listing Rules, and guidance letters published by HKSE.