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The strong IPO activity in 2017 reinforced Asian companies' status as the largest users of public equity markets globally. Figure 1 shows that 11 out of the top 20 

Because the gold market is so big in Hong Kong, the competition here is fierce, and where you have so much competition, you have a price that is constantly driven low. This means that you can get gold for very close to spot price if you look in the right places.

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