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Onewo Inc. Makes Weak Hong Kong Debut

Por: MarketWatch Business September 29, 2022

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Onewo, majority-owned by developer China Vanke Co., had raised HK$5.6 billion in net proceeds in the initial public offering after pricing its shares at HK$49.25 each. Global IPO volumes have been tepid this year, as rising interest rates and inflation have soured investor appetite for new offerings. In Hong Kong, new and secondary listings have raised $7.5 billion so far this year, down 79% from the same period a year earlier, according to... + full article



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