Nov. 18 (Bloomberg) — Philippe Espinasse, author and a former banker, talks about the market for initial public offerings in Hong Kong. Billionaire Cheng Yu-tung’s Chow Tai Fook Group plans to start trading in Hong Kong on Dec. 15 after an initial public offering, according to terms for the transaction. Espinasse speaks with Rishaad Salamat on Bloomberg Television’s “On the Move Asia.” (Source: Bloomberg)