The world's second-largest initial public offering, shelved by Budweiser just two months ago, prices in Hong Kong on Monday, raising hopes among issuers that the Asian exchange's stalled market for public share offerings may return to life after its worst summer in over six years.
Budweiser Brewing Company APAC, a unit of Anheuser-Busch InBev, began marketing its up to $4.8 billion offering last week. But it is not the only company looking to issue stock on the Hong Kong stock market, which has launched a surprise bid for the London Stock Exchange despite three months of running street protests.
