From Wall Street Journal:

Hong Kong’s lack of initial public offerings is causing companies to struggle with cash shortages, delaying their growth plans. The market downturn has made it difficult for businesses to raise money, impacting their expansion opportunities. Hong Kong, once a top fundraising hub, now faces a prolonged stock-market slump and a decrease in foreign investors, making it hard for companies to go public. Additionally, Chinese regulators are holding back many IPO applications, further hindering businesses. This situation showcases the toll that the market downturn is taking on companies in need of capital.



Read more: Hong Kong’s IPO Drought Casts Pall Over Region’s Businesses