China Galaxy Securities

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If You Want Your IPO To Be A Success, Hire Fewer Bankers

Heather Timmons | Quartz | May 2, 2014

Chinese pork producer WH Group pulled a much-anticipated $1.9 billion IPO this week, citing “deteriorating market conditions.” What this really means is “we couldn’t raise the money we expected,” and now the recrimination and finger-pointing has started...

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