World's second biggest IPO this year opens up in HK

Asia's largest listing this year opened with a whimper in Hong Kong on Monday, defying the gains seen in other recent initial public offerings in the territory. Huatai Securities, China's largest stock brokerage by trading volume, rose to 26.10 Hong Kong dollars in early trade on Monday, a gain of five percent. "I was expecting more than 13-20 percent," said Jackson...