Market volatility a drag on IPOs in Q1; no clarity on horizon
Refinitiv data shows total proceeds from region's IPOs slowed and fell more than 60 year-on-year during the first quarter of 2022
Singapore
VOLATILE market conditions have put a damper on initial public offerings (IPOs) across South-east Asia as well as globally with listings expected to be delayed or even shelved.
The signs are already evident. Over the first quarter of this year, the global IPO market booked 321 IPO deals - down 37 per cent from the corresponding quarter in 2021, according to a Mar 31 report from EY that summarised key findings about the global IPO scene for Q1.
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