Sunday, May 5, 2013

Reuters: Money News: HK IPO market heats up with $3.5 bln Sinopec unit, Galaxy Sec deals

Reuters: Money News
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HK IPO market heats up with $3.5 bln Sinopec unit, Galaxy Sec deals
May 5th 2013, 07:17

HONG KONG (Reuters) - A unit of Sinopec Group and brokerage China Galaxy Securities are launching Hong Kong IPOs on Monday seeking to raise up to $3.5 billion in total, injecting life into Asia's moribund IPO markets where deal values more than halved in the first quarter of the year.

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