8 more firms from Belt and Road Initiative countries apply for IPOs in Hong Kong

Eight more companies from countries involved in Beijing’s Belt and Road Initiative have applied to list in Hong Kong, the city’s trade promotion chief has said. Fedrick Ma Si-hang, chairman of the Hong Kong Trade Development Council, also said on Monday that the city’s economy would benefit from improving China–US ties. The council has also raised its export forecast. Speaking on the sidelines of the Global Youth Powerhouse Summit, Ma said interest in Hong Kong’s capital markets from Central...