Global IPO proceeds shrink in Q1: EY
Asia-Pacific deal proceeds fall 18% to US$15.8 billion, led by Greater China's 21% decline in capital raised
Singapore
NEW listings around the world raised 19 per cent less money in the first quarter of 2015 compared to a year earlier as the United States ran into a dry spell, according to a report by accounting firm EY.
But the firm expects initial public offering (IPO) activity to pick up as the year progresses, with pipeline still healthy and growing.
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