Global IPOs slump in Q3, but Q4 hopes up
Number of offerings falls 55% to 192 from Q2 while funds raised drop 75% to US$17.9b
Singapore
INITIAL public offerings (IPOs) dried up around the world in the third quarter of 2015 as market volatility spiked, and hopes are now on the developed markets to capture risk-aversion opportunities, according to accounting consultancy firm EY.
The outlook in Asia - in South-east Asia in particular - remains soft as the China engine appears to have stalled, EY said in its third-quarter Global IPO Trends report.
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