One of the world’s hottest IPO markets shows signs of weakness
Series of disappointing debuts in Hong Kong has come in the last quarter of a record year
Series of disappointing debuts in Hong Kong has come in the last quarter of a record year

The territory has made a series of reforms that have helped fuel an IPO boom

Regulator targets some opaque ‘red-chip’ structures but signals the market for new issues is still open

Deal backlogs and stricter quality controls are pushing some tech firms back to mainland Chinese listings

Proposal comes as regulators grapple with influx of Chinese companies looking to raise funds in the city

Recent string of listings offers hope after prolonged slowdown

A wave of Chinese companies raising money has revived dealmaking in Asia’s financial hub