Record wave of IPO lock-up shares to hit Hong Kong market
business
Hong Kong's stock market is bracing for a wave of IPO lockup expirations. When companies go public, early investors face a period where they can't sell their shares—typically six to twelve months. As those lockup restrictions expire for a large group of shareholders simultaneously, it could flood the market with new supply. According to Channel NewsAsia, this wave is set to be unusually large for Hong Kong, potentially creating selling pressure on stock prices in the coming weeks.
Source: https://www.channelnewsasia.com/business/record-wave-ipo-...
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