Hong Kong’s IPO revival faces test as 3 new stocks stumble on debut | Black Bird Media4.4 billion (USHong Kong’s IPO revival faces test as 3 new stocks stumble on debut | Black Bird Media.83 billion) – but three opened below their offer prices, adding pressure to an already sluggish month for initial public offerings (IPOs). Automated equipment manufact">

Hong Kong’s IPO revival faces test as 3 new stocks stumble on debut

Hong Kong welcomed four companies to start trading on Tuesday after they raised a combined HK$14.4 billion (US$1.83 billion) – but three opened below their offer prices, adding pressure to an already sluggish month for initial public offerings (IPOs). Automated equipment manufact