Is this going to affect Hibor?
Unrelated, but Alibaba has reportedly halved the size of their IPO to USD 10B.Original Post Deleted
HKEX is down, but not significantly.
As the guy from the Lego movie said, "Everything is awesome".
Cost of IPO loans...
Retail investors, who had borrowed a combined HK$38 billion (US$4.8 billion) for the initial public offering, have lost thousands of dollars in interest payments, an issue that has once again highlighted the city’s lengthy listings process.https://www.scmp.com/business/compan...erest-paymentsAt an interest rate of between 3.8 per cent and 5 per cent, the investors will have to collectively pay HK$28 million to HK$36 million in interest.
LOL
Back .. @ HK$ 27
https://www.cnbc.com/2019/09/24/ab-i...o-at-hk27.htmlIn its second attempt to list its Asian business in Hong Kong, brewer Anheuser-Busch InBev has priced its initial public offering at HK$27 apiece.