HONG KONG - After a lean couple of years, bankers in Asia are seeing signs of a recovery in initial public offerings (IPOs).
The number of Chinese firms considering public flotations in Hong Kong is increasing as the benchmark Hang Seng Index heads for its first annual gain since 2019. India has already notched up a record year in terms of funds raised from share sales, with more planned, while blockbuster deals are lighting up Tokyo's stock market.
Although the overall value of share sales in Asia may end 2024 below 2023's level, partly due to Beijing throttling the number of IPOs on mainland Chinese exchanges, dealmakers are optimistic that 2025 will likely show improvement as Hong Kong's market picks up.
Among Chinese companies considering selling shares in Hong Kong are drugmaker Jiangsu Hengrui Pharmaceuticals, Chery Holding's automotive unit, condiment maker Foshan Haitian Flavouring & Food, Chinese express delivery company SF Holding and online retail platform Dmall.
Denne historien er fra November 13, 2024-utgaven av The Straits Times.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent ? Logg på
Denne historien er fra November 13, 2024-utgaven av The Straits Times.
Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.
Allerede abonnent? Logg på
New national scheme aims to build healthy habits in children
Grow Well SG seeks to empower families to ensure kids eat, sleep, learn, exercise well
Singapore International Piano Competition Levels Up With Stellar Competitors
It is a strange but true fact that there has not been a major international piano competition in Singapore since the Rolex International Piano Competition in 1989.
Public housing will always be kept affordable, says PM Wong
Public housing will always be kept affordable for Singaporeans, both now and in the future, said Prime Minister Lawrence Wong.
ArtScience Museum Debuts 2025 Attractions
Japanese art collective teamLab, whose works are wildly popular in Singapore, has added two new works to the ArtScience Museum, but for a limited time.
Unpacking the primal rage of motherhood
Within the first 30 minutes of the magical realist dramedy Nightbitch, Amy Adams, starring as a new-ish parent teeming with fury and resentment, discovers that the oozing pustule that appeared on her back contains what appears to be a tail, the clearest sign yet that she is transforming into a dog.
AGEING MASTER PREVAILS
Djokovic wins epic quarter-final against young Spaniard Alcaraz despite leg injury
Sorry, no secret to life is going to make you live to 110
Some claims behind the longest-lived people are simply improbable.
Recital a celebration of the folk roots of classical music
Much of the music people know and love comes from age-old sources, passed down by oral tradition before being formally documented and scored on paper by scribes now known as composers.
Fighting has halted in Gaza, but the war is not over
Three-phase truce deal extremely fragile while Trump's actions remain unknown
Education ● Parents seem persuaded that tuition is not optional
I refer to the latest government survey on household expenditure, which showed that families in Singapore spent $1.8 billion on private tuition for their children in 2023 (Spending by S'pore families on private tuition rises to $1.8 billion in 2023, Jan 19).
