Billion-dollar IPO shelved amid Hong Kong extradition bill turmoil

Businesses and economists voice concerns as protests turn violent

20190613N Free HK

A woman at a protest in Hong Kong on June 13: Businesses there worry about the long-term fallout from the unrest. © Reuters

COCO LIU, Nikkei staff writer

HONG KONG -- A billion dollar IPO has been called off in Hong Kong in the latest sign that political unrest sparked by a controversial extradition bill is taking a toll on business sentiment in the city.

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