Editorial : Budweiser Brewing Company APAC's abortive IPO

【明報專訊】BUDWEISER Brewing Company APAC Ltd has suspended its plan to go public in Hong Kong citing "prevailing market conditions". The IPO would have become the biggest in the world this year. Attracting more international enterprises to go public in Hong Kong is a target set by Hong Kong Exchanges and Clearing Limited (HKEX) for this year. The company's decision means that the HKEX has suffered a setback. It has also dampened the mood in the trading of new stocks in Hong Kong, which could affect the atmosphere for big IPOs in the future.