Asian markets were mixed on Friday, as the region continued to digest the Federal Reserve’s decision to roll back its stimulus measures, while Hong Kong’s largest IPO of the year traded lower on its debut.
Two large deals put Hong Kong in focus on Friday, though the broader index was little moved, with the Hang Seng Index down less than 0.1%.
China Everbright Bank Co. lost 3% on its trading debut after raising $3 billion in Hong Kong’s largest 2013 initial public offering. The 11th-largest bank in China by assets priced its deal close to the middle of the price range, succeeding to list on its third attempt.
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