Fail to pay the rent on a self-storage unit and the contents are auctioned off. Not item by item; buyers get to glance through the door then bid on the lot. Hong Kong’s latest initial public offering, of Legend Holdings, is a little like that. The company will sell up to 406m shares, a 17 per cent stake, to raise $2.3bn.
付不起“自存倉”(self-storage unit)的租金，就把里面的物件拿出來拍賣。不是一件一件賣；買家來了往門里掃一眼，然后給出整體報價。香港最新一宗首次公開發行(IPO)就跟這個有點像。聯想控股(Legend Holdings)將發售至多4.06億股股票（相當于總股本的17%），融資23億美元。
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