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HK’s IPO dry spell ends with big China deals

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HK’s IPO dry spell ends with big China deals Markets By Sydney Barrett Last updated Jul 3, 2022 Share After a dismal first half of the year, things are looking up for initial public offerings (IPOs) in Hong Kong as several large Chinese companies go public in the second half. Battery materials maker Tianqi Lithium Corp (????) just opened its books for Hong Kong’s first debut of the year, which is expected to gross more than $1 billion, while China Tourism Group Duty Free Corp (????????) could relaunch an offer of approximately $2 billion. They, along with several other mid-to-large…

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