Hong Kong ’s IPO market struggles after slowest start since 2009 as jumbo deals vanish amid tighter regulations, poor valuations

Alibaba Group this week scrapped its plans to list Cainiao Smart Logistics Network, after rethinking plans to spin off its cloud computing business and freezing its Freshippo grocery chain last November. The China Securities Regulatory Commission, under its hawkish new chief Wu Qing, has tightened…#alibabagroup #freshippo #wuqing #starmarket #shanghai #shenzhen #chinextboard #hongkong #alibabagroupholding #alibaba
Source: Reuters: Health - Category: Consumer Health News Source Type: news