Hope floats again for crucial IPO market as advisers dare to bet on HK revival
It's only the second week of January and already everyone is placing bets on the health of Hong Kong's initial public offering (IPO) market, still used by many local advisers as the bellwether of confidence in the region's economy. While the accountants are gearing up for a strong recovery, forecasting around 80 new listings valued at approximately HK$120bn (£9.5bn) during 2013, most lawyers are taking a characteristically cautious approach while hoping for the best.
2012 proved dire for Asia’s key hub, but Elizabeth Broomhall finds advisers banking on a 2013 rebound
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