Our partner Pan Tsang shared his insights on Hong Kong's capital markets and IPO outlook in a recent article in the June issue of Asian Legal Business Asia Edition.

"At a macro level, Hong Kong stocks have been battered by rising interest rates and tightening monetary policies against the backdrop of rising geopolitical tension and US-China rivalry. At a domestic level, earlier social unrests, and recent crackdown on tech companies in the PRC had significantly dampened market sentiment. However, the removal of social restrictions and border reopening have restored and improved business confidence," said Pan.

Read the full story with Pan’s insights here: ALB JUNE 2023 (ASIA EDITION) / Briefs: Faltering Chinese Recovery Leaves Hong Kong Short of IPOs, But Hope Remains.

(Extracted from Asian Legal Business: www.legalbusinessonline.com/features/briefs-faltering-chinese-recovery-leaves-hong-kong-short-ipos-hope-remains)