Will Lufax’s stock sale in April help Hong Kong in its race for the IPO crown?

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Hong Kong’s IPO value for 2017 dropped to the lowest since 2012 to US$16.3 billion, compared with US$49.5 billion in the US and US$31.7 billion in China, according to data from Dealogic. The fact Lufax is based in Shanghai’s Lujiazui financial district …
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