Hong Kong IPO boom strains Chinese banks' talent pool
HONG KONG: A surge in initial public offerings in Hong Kong is exposing staffing strains at Chinese investment banks, as regulators tighten oversight and cap the number of deals senior bankers can handle at once.
Last month, Hong Kong's Securities and Futures Commission (SFC) warned 13 banks over what it described as "serious deficiencies" in IPO applications. The regulator asked them to conduct comprehensive re