SECURITY GUARD STANDS BESIDE PUBLIC OFFER BOOKLETS OF CK LIFE SCIENCE IN HONG KONG, 2002-07-04 (photo)

A security guard outside a bank in Hong Kong stands beside stacks of placing and public offering booklets of CK Life Sciences, during the first day of the retail tranche of the IPO, July 4, 2002. Retail investors greeted the IPO of Li Ka-shing's biotech venture with a yawn on Thursday, in stark contrast to the frenzy spawned two years ago when the legendary tycoon sold shares in his Internet startup tom.com. The IPO is expected to raise up to HK$2.93 billion (US$375.6 million) in what has been one of the most heavily-hyped Hong Kong IPOs in recent memory. REUTERS/Bobby Yip BY/DL