China Tower barely changed in HK debut after world’s largest IPO in two years


HONG KONG (Reuters) – China Tower Corp Ltd’s (0788.HK) shares opened virtually flat on their debut in Hong Kong on Wednesday, with escalating Sino-U.S. trade tensions weighing on investor sentiment towards the world’s biggest initial public offering (IPO) in two years.

FILE PHOTO A sign of China Tower Corp is seen at the PT Expo China in Beijing, China September 20, 2016. REUTERS/Stringer/File Photo

Coming after a string of weak IPO debuts in Hong Kong, China Tower’s performance could impact upcoming listings such as Sinochem Energy. It may also weigh on the city’s attempts to…



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