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IPO

Hong Kong's hot market enjoys busiest IPO day in six months

City draws Chinese companies facing Beijing clampdown and potential US delisting

Five companies began trading on the HKEX on Friday after raising a combined $630 million.   © AP

HONG KONG -- Hong Kong had its busiest day for initial public offerings in six months on Friday, reinforcing the city's role as a listings venue when regulators in both China and the U.S. are putting a chill on foreign IPOs by mainland companies.

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