Value of global IPO deals shrinks 25%, but Asia keeps growing: EY

Singapore

GLOBAL initial public offerings raised 25 per cent less money in 2015 with the Asia-Pacific region outperforming the rest of the world, according to a report by EY.

There were 1,218 new listings in 2015 around the world, which raised US$195.5 billion in capital. Those proceeds were less than the amount raised in a bumper 2014 but still above the 10-year median of US$176.1 billion.