Delistings outnumber IPOs by value in Hong Kong so far this year

China slowdown is factor cited by companies with plans to go private

20240716 HKEX

As of the end of June, 14 Hong Kong listed companies have announced delisting plans in the first half year, and one has completed the transaction. (Photo by Ken Kobayashi)

ECHO WONG, Nikkei staff writer

HONG KONG -- Kin Yat Holdings, a Hong Kong electronics manufacturer and trader that listed before the territory returned to China in 1997, is planning to go private as its mainland businesses, from manufacturing to real estate, struggle.

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