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US exchanges set for highest number of Asian IPOs since 2010
Chinese issuers have dominated US IPO activity for several years, but Nasdaq and rival New York Stock Exchange have been increasingly targeting firms from fast-growing South-east Asian economies, Japan and Australia.
PHOTO: REUTERS
Hong Kong
US EXCHANGES are set to record their busiest year for IPOs from Asian firms since 2010 and may sustain the pace in 2018, as startups from Taiwan, Singapore, Indonesia and Vietnam join a flurry of Chinese firms that have already listed in the country.
Chinese issuers have...
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