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.
Источник: Breakingviews - 🏆 470. / 51 Прочитайте больше »

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Beyond Meat vegan food company taps investment banks for IPOThe IPO will be the first public stock offering for one of the slew of new companies that make vegetarian meat items that also appeal to carnivores.
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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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