Asia's IPO Market Gains Momentum with Strong Pipeline and Hong Kong Leading the Way

Sunday, Jun 30, 2024 11:08 pm ET1min read

Asia's IPO pipeline for Q3 indicates a robust market, with an uptick in Hong Kong listings and significant deals expected in India. A surge in filings in Hong Kong led to the busiest month so far this year, marking a rebound after months of low activity. Chinese support is bolstering the market. In India, around 15 companies are planning IPOs, potentially raising $11 billion, with some set for Q3. South Korea's Shift Up Corp. aims to list, while Japan's Timee Inc. is launching a $293 million IPO. Mainland China's IPOs are declining as authorities scrutinize new offerings, prompting more firms to seek overseas listings.

Comments



Add a public comment...
No comments

No comments yet