#price discovery mechanism

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#equity in name debt in substance #finance #hong kong stock exchange #initial public offering #ipo pricing distortion #jiahua capital #markets #securities and futures commission #song xiangqian

Song Xiangqian Criticizes Hong Kong IPO Market Distortion
Hong Kong's IPO market distorts pricing through debt-like structures, warns Jiahua Capital CEO.
BigGo Finance · 1m