Hong Kong IPO issuance has seen healthy volumes so far this year. At US$68.3 billion, according to Dealogic, new listings on HKEx have already reached the level achieved for the entire year in 2014. The outcome of deals, however, remains heavily dependent on cornerstone investors, while oversized syndicates have sadly been back in full force since at least late spring. read
The last few months have been a bit of a roller coaster for Chinese equities, both on the mainland and in Hong Kong. The sharp volatility in the indices has frightened investors away and put a damper on primary issuance. But the bubble finally bursting is symptomatic that further changes are badly needed. These also need to be more than just skin deep. read
The ice bucket challenge has been all the rage on social media recently, but Indian GDR issuers have been taking a cold shower for quite a while longer. read
As Hong Kong’s financial marketplace becomes increasingly reliant on the Chinese mainland for its IPOs, Singapore’s big opportunity perhaps lies with international issuers – and those from Southeast Asia in particular. read
I was on BBC Television’s Asia Business Report again this morning, interviewed by Hong Kong correspondent Juliana Liu. read
Amid renewed IPO activity in Hong Kong, carrier Hong Kong Airlines is believed to be working on a yuan-denominated new listing of up to US$500 million equivalent. If confirmed, this would make it only the third issuer there to list shares in Chinese currency. read
A quick glance at the SGX’s website shows that only six new listings closed on the Main Board since the start of the year. read
Fast Retailing, the Japanese owner of fashion brands Uniqlo, Theory, Comptoir des Cotonniers and Princesse tam.tam, listed depository receipts in Hong Kong on March 5. read
After a 14-month freeze, corporate issuers on the mainland are now back in the saddle for the year of the horse. read
Hong Kong Exchanges and Clearing Limited (HKEx) released earlier this week the findings from its Cash Market Transaction Survey for 2011/12, revealing the diversity among investors in its securities market. read
