"Prada's decision last week to fire the starting gun on an initial public offering in Hong Kong - rather than Milan, London, or New York - has created a buzz among dealmakers in the Chinese city."
"Investors say the minimum requirement for a successful IPO in Hong Kong is that a company must derive a significant and fast-rising proportion of sales - or, better, profits - from the region. "You've got to have a regionally relevant story," says one investor.
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