Despite the political tensions, the Hong Kong Stock Exchange had a red-hot month for initial public offerings in June. The value of Hong Kong IPOs in June hit $2.8 billion, a six-month high.
Hong Kong bagged five out of ten largest IPOs in Asia in June, while Shanghai and Shenzhen had two each.
Among all of the Asian IPOs, Hansoh Pharmaceutical Group topped the list with its more than $1 billion initial public offering last month.
The listing of Hansoh caught people's attention as Zhong Huijuan, its chairwoman, is the wife of Jiangsu Hengrui Medicne chairman Sun Piaoyang. Hansoh's...