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Citic Securities rides Hong Kong's IPO wave, sponsoring dozens of firms seeking listings
Yahoo Finance·2025-10-22 17:30

These days Frank Yu, the head of investment banking at Citic Securities International, juggles back-to-back meetings from morning to evening, a sign of bustling activity in Hong Kong's capital markets. A wave of international capital, from hedge funds to long-only investors from Asia, the US and the Middle East, is flowing into initial public offerings (IPOs) and refinancing deals, drawn by the value and quality of Chinese assets. Hong Kong-headquartered Citic Securities International is a prime benefici ...