(Yicai Global) Sept. 30 — A number of companies in the Chinese mainland have scrapped plans to go public in Hong Kong, as the amount of funds raised with initial public offerings and the share prices soon after debut both shrank significantly in the first half from a year earlier.
Only 26 IPOs were launched on the Hong Kong bourse in the six months ended June 30, versus 46 in the same period a year ago, with the total amount of money raised plunging 91 percent to HKD19.7 billion (USD2.5…