AB InBev's Asia-Pacific unit , which raised about $5 billion after...
), which raised about $5 billion after relaunching its IPO this month, rose more than 6% on its market debut in Hong Kong, easing concerns of the impact of ongoing anti-government protests on new share offerings.
Hong Kong as well as other regional markets more generally are also on edge amid a trade dispute between the United States and China, as well as slowing global economic growth. Budweiser APAC shares rose as high as HK$28.70 on Monday, versus their IPO price of HK$27 apiece, the bottom of a marketed range. The stock was trading at HK$28.55, up 5.
The protests have broadened since they began more than three months ago into calls for universal suffrage. China’s biggest e-commerce company Alibaba Group Holding Ltd , however, last month delayed its up to $15 billion listing in the city amid the political unrest.
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