Hong Kong stock market sees flurry of IPOs

07/14/2009 | Wall Street Journal, The

BBMG, a Chinese producer of building materials, is the latest company to take advantage of a wave of liquidity by launching an initial public offering in Hong Kong. The company seeks to raise as much as $763 million, which would make it the second-largest listing in the Asian-Pacific region so far this year. China Zhongwang Holdings' shares sale raised $1.27 billion in April.

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Wall Street Journal, The

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