Hutchison Whampoa Ltd. announced on listing southern China port assets in Singapore instead of Hong Kong.
Hutchison Whampoa shares saw a spike of 17% in Hong Kong market this month, went low of 2.4% to HK$93.50.
The Singapore IPO plans are estimated to raise around US$6 billion. This is considered Asia's largest IPO of this year.
The IPO is expected to come alive in late February or early March.
There are also fears that Read more...
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