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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.

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