India, Korea and Japan to see more IPOs while China stalls
April 1st, 2024 14:27
While IPOs returned to major venues in Europe and the US, the slowdown in Asia was mostly due to Beijing’s decision to ramp up scrutiny of domestic new share sales as it tries to boost confidence in its equities market. Large deals in Hong Kong also vanished amid concerns about China’s economy. The city hasn’t hosted an offering larger than $1 billion since Oct. 2022.
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