Hong Kong's Lukewarm Listings Market Sees Second-Largest Listing, Marks First Foreign Company IPO in 2023
As of Oct. 12, there have been 51 public offerings on the main board of the Hong Kong Stock Exchange.
October 27, 2023 at 01:27 PM
3 minute read
Latham & Watkins and a host of seven other regional law firms have advised Indonesia courier J&T Global Express Ltd. on the launch of its initial public offering in Hong Kong. The listing, which raised approximately $501 million, is the second largest this year, following the $676 million listing of Chinese liquor-maker ZJLD Group in April.
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