BYD Electronic flat in HK IPO debut; Sinoma jumps

Newswire

(For an expanded IPO diary, please click ) HONG KONG, Dec 20 (Reuters) - Shares in Chinese handset component maker BYD Electronic (International) Co Ltd were set to open flat in their market debut on Thursday after it raised US$758 million in a Hong Kong IPO, while cement engineering services firm Sinoma jumped 38 percent. Recent IPOs in Hong Kong have met with a rocky response from investors, with several posting disappointing first-day performances amid volatile markets due to worries ...

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