More global IPOs expected in second half
THE steady appetite for global initial public offerings (IPOs) is expected to continue in the second half of the year, despite heightened investor caution.
This follows economic recovery in many markets as equity indices remain buoyant and volatility is on a downward trend, according to EY Global IPO Trends: 2014 Q2 released yesterday.
The report said that a significant uptick of IPOs in the second half of the year is expected to come from the financial, real estate, technology and consumer products and services sectors.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Vietnam delays launch of new stock trading system
Tesla’s plan for affordable cars takes page from Detroit rivals
Meituan to debut in Riyadh as expansion beyond China quickens
Mapletree Industrial Trust to distribute S$13 million of divestment gains over next 4 quarters
K-pop agency Hybe’s internal strife wipes out 1.2 trillion won
Beijing city to subsidise domestic AI chips, targets self-reliance by 2027