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The Economic Times
The Economic Times
Anupam Nagar

Global Market: Profit-booking fears rise as Hong Kong's hottest IPOs face lock-up expiry

Hong Kong's equity market braces for lock-up expirations

Hong Kong's equity market is bracing for an unprecedented wave of lock-up expirations this week, with shares worth billions of dollars becoming eligible for trading. According to Reuters, market participants believe the release of these previously restricted shares could add fresh selling pressure to a market that has already underperformed this year.

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