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Appetite for China IPOs still far from healthy Add to ...

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Chinese IPO hopefuls are getting mixed messages. Fosun Pharmaceutical, whose name sounds the same as “revival” in Chinese, has raised $500-million (U.S.) in the first Hong Kong offering for three months. At the same time, however, a real estate trust backed by Li Ka-Shing has cancelled its Singapore listing. Despite a market recovery, the summer lull isn’t over yet.

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