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Emmanuel-Francis's avatar

50 billion pounds is roughly $64bn.

So not much of a drop o:

Wonder why they didn't choose Hong Kong!

P.S. Thanks goes without saying.

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The Great Wall Street's avatar

Honestly I don't know exactly why, but naively I would say HK seems to be a bad place right now for an IPO. Too low valuations. But then the UK market is also down.

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Researching Global Stocks's avatar

Thanks!

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The Great Wall Street's avatar

You are welcome!

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