Asian IPOs set for blockbuster weekBloombergAsia’s stock markets are gearing up for their busiest week of listings in more than two years, offering a crucial test of demand as companies rush to raise money before the US presidential election next month. Signage for Hong Kong Exchanges and Clearing Ltd is pictured at the Hong Kong Stock Exchange on Sept. 17. Their success might spark a broader revival of Chinese share sales in Hong Kong, once a busy — and lucrative — segment of the IPO market. The stakes are also high in India, with a trading debut on Tuesday for Hyundai Motor India Ltd’s US$3.3 billion listing, the country’s biggest-ever IPO. In Japan, Tokyo Metro Co’s US$2.3 billion listing is scheduled for Wednesday.

Source: Taipei Times October 20, 2024 18:47 UTC