Despite a recent spike in IPOs, capital market deal volumes have fallen sharply in Hong Kong this year.
September 29, 2022 at 06:05 AM
2 minute read
Asia Editor
Clifford Chance, Grandway Law Offices, Pillsbury Winthrop Shaw Pittman and Han Kun Law Offices are advising electric vehicle maker Zhejiang Leapmotor Technology on its $807 million Hong Kong IPO.
The China-based company’s debut is the latest in a line of Hong Kong IPOs to take place in recent months. But its first day of trading fell below expectations, closing down 33% on its first day.
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