BACK in May, the biggest problem for bankers, lawyers and accountants in Hong Kong was finding enough people to handle a deluge of initial public offerings (ipos). Come July and the mood has abruptly changed. Officially only seven ipos have been abandoned this year, meaning that a prospectus has been issued and withdrawn. But plenty more have been shelved at an earlier stage on worries about China's slowing economy (which were reinforced by another interest-rate rise this week).
展开▼
