China Renaissance plunges in its HK listing debut, following the trend

China Renaissance plunges in its HK listing debut, following the trend

Photographer: Justin Chin/Bloomberg

China Renaissance Holdings Ltd, the boutique investment bank that’s worked with many of the country’s top startups, plunged in its Hong Kong trading debut in the latest example of a high-profile initial public offering (IPO) that failed to resonate with investors.

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