HONG KONG -- Initial public offerings on the Hong Kong Stock Exchange are still on track for the worst year in over two decades despite Alibaba Group Holding's move to list its logistics arm for more than $1 billion.
IPO
Alibaba's Cainiao listing too little for Hong Kong's bad IPO year
Market trails India and Indonesia, on track to worst year since 2002
The total value of IPOs in Hong Kong this year could be the lowest since 2002. (Photo by Kenji Kawase)
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