Stock exchanges in Hong Kong have had a welcome revival. But Shanghai and Shenzhen are "barely functioning" as a destination for IPOs, says one banker. What's going wrong on the mainland?
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
Stock exchanges in Hong Kong have had a welcome revival. But Shanghai and Shenzhen are "barely functioning" as a destination for IPOs, says one banker. What's going wrong on the mainland?