Chinese investment bank sells itself poorly in IPO

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Full view ready soon by AlecMac11 via Breakingviews : Chinese investment bank China Renaissance sells itself poorly in IPO -

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Chinese investment bank sells itself poorly in IPOChina Renaissance fell 20 pct on its Hong Kong trading debut, valuing the tech advisor at less than half its original $5 bln target. A shaky outlook is partly to blame, but Renaissance also overpriced itself. For an investment bank, such a fumble is hard to explain to clients.
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Dell met with investment banks to discuss a conventional IPO and other optionsDell is one of the most hopeless pc manufacturers. When you do IPO for second time is still IPO ? Or SPO 😜
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The firestorm at HSBC's investment bank is escalating as the bank hits back against internal dissentDissent within the bank is centred around a memo, reportedly titled 'Global Banking & Markets: Rewards for Persistent Failure' and sent on August 25. It is said to have attacked HSBC's leadership for what it says is a failure 'to create a successful strategy.'
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