Asia-Pac is IPO Central in 2014

More listings, and more capital raised in Jan-Sept period than a year ago

Published Wed, Oct 1, 2014 · 09:50 PM

THERE have been more initial public offerings (IPOs) on Asia-Pacific exchanges so far this year than in any other region - with Hong Kong, Australia, Tokyo and Shenzhen among the top 10 markets raising the most capital from listings.

According to Ernst & Young, there were 339 new listings across Asia-Pacific from January to September, compared to 215 IPOs in the year-ago period.

Proceeds were also up, with US$47.4 billion in capital raised so far - a 51 per cent year-on-year increase.

Max Loh, the Asean and Singapore managing partner at Ernst & Young, said: "There is a wealth of options in terms of where to list; stock markets are performing strongly and growth prospects are good (in the A…