NEW YORK -- Big U.S. banks have pulled out of multiple Chinese companies' initial public offerings in Hong Kong as international investors' appetite for them wanes amid China's slow economic recovery and worsening geopolitical tensions.
Finance
Chinese IPOs lose some of their shine for U.S. investment banks
Goldman Sachs, Bank of America exit 3 Hong Kong listings in one month
Funds raised on the Hong Kong stock exchange are down significantly from just a few years ago. © Reuters
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