The momentum of Hong Kong’s initial public offerings (IPO) has picked up since April, auguring well for the exchange as it claws its way back in the rankings of the world’s top spots for fundraising. “We are vetting about 110 listing applications, many of them coming in the second quarter,” Bonnie Chan Yi-ting said in […]
Tag: IPOs
Not All SPAC IPOs Were Bad — Here Are 2 That Are Great Businesses and Could Be Long-Term Home Runs
From 2020 through 2022, about 950 companies went public via special purpose acquisition companies (SPACs). Quite frankly, many of them went public at ridiculous valuations and had no clear paths to profitability. In fact, according to an index that tracks completed SPAC mergers, the typical companies that went public through this method fell by nearly […]