SUBSCRIBERS
Asia-Pac equity issuance down, IPO proceeds up in 2013
Published Fri, Dec 20, 2013 · 10:00 PM
Hong Kong
EQUITY capital markets in the Asia-Pacific ex-Japan region shrank for a third consecutive year in 2013, hurt by a downturn in India and slower activity in mainland China.
The overall decline contrasts with a rebound in IPO issuance that is stoking optimism for a boom in 2014 as China resumes new listings after a one-year hiatus and markets from Hong Kong to Malaysia get multi-billion dollar deals.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Far East Orchard acquires 49% stake in UK-based purpose-built student accommodation operator for £17.6 million
Nestle sales growth sputters on US slump, vitamin snags
BNP Paribas beats estimates as lower costs offset trading slump
TikTok ultimatum puts US firms in firing line for China response
Toyota and Nissan pair up with Tencent and Baidu for China AI arms race
BHP targets Anglo American in bid valuing miner at US$39 billion