HONG KONG: CLOSING WRAP, 06Jun2013

Hong Kong shares follow the US and China closing down just over 1% today. Home prices rise 0.2% week on week according to Nomura. Shun Tak takes down 33.3% of Jetstar, Hutch plans to buy O2 Ireland and Hopewell looks to spin off and list its property arm. Here’s what you missed.

It was a busy day of acquisitions for Hong Kong’s tycoons!

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Huishang Bank plans US$1bio HK IPO in 2014

Let the over-subscription begin!

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