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China’s major stock exchanges are facing a tough start to the year as proceeds from initial public offerings in Hong Kong, Shanghai and Shenzhen shrink. US exchanges are strengthening their lead and ranking. ....
China’s major stock exchanges are facing a tough start to the year as proceeds from initial public offerings (IPOs) in Hong Kong, Shanghai and Shenzhen dwindled, reports the South China Morning Post. Tighter regulations and the loss of two potential jumbo deals from Alibaba Group Holding suggest no relief any time soon. Twelve companies raised… ....
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