The turmoil in Chinese stocks is hurting investor appetite for initial public offerings in Hong Kong, the world’s top venue for listings this year.
Hong Kong Airlines International, a domestic short haul carrier whose destinations include Phuket, Thailand, and Bali, Indonesia, from Hong Kong, called off its planned listing indefinitely on Monday, according to a person with direct knowledge of the deal. Meanwhile, long-anticipated IPOs by a Chinese investment bank and a debt clearing agency are likely to face delays.