All quiet on the Eastern front
There seems to be no end in sight for the Asian ECM bout of depression. Above all, it’s been a pretty miserable year so far for IPOs, in sharp contrast to new listings activity in other parts of the world. read
Tag: Singapore
Asian IPOs go binary
2014 has come and gone, with a fairly honourable tally for Asia’s busy ECM desks. According to Dealogic, last year’s ECM volume on Asia ex-Japan exchanges, and excluding China’s A-share markets, was just under US$135 billion, more than in each of 2013 and 2012. read
The reason for the season: ECM Christmas musings
Forget about reindeer with shiny noses, fir trees and shopping mall carols. For those in the finance industry, the end of the year takes an altogether different meaning. read
Cornering elusive cornerstones
In Asia, cornerstone investors are regarded as a vital ingredient for successful major listings. And Hong Kong – where such investors are subject to lock-up restrictions – has also increasingly seen the advent of anchor investors. read
Crouching tiger vs. Hidden Dragon?
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
Has the Singapore IPO market lost its mojo?
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
Letter to South China Morning Post
“More relevant template from Malaysia”
I am the author of IPO: A Global Guide and refer to Enoch Yiu’s White Collar column (“Fresh reminder of need to end muddle over HKEx roles”, October 1). She said “London and Singapore have long ago brought in independent regulators to be involved in the listing approval process for companies undergoing IPOs”. read
Espinasse on CNBC’s “Cash Flow”
I was back in CNBC’s Hong Kong studio this morning for live interviews with anchors Emily Chan and Oriel Morrison to comment on local IPOs. read
Malaysia to introduce business trusts
An interesting story was published on Bloomberg today about the forthcoming introduction of business trusts in Malaysia. read
How lock-ups really mess the stock up
Everyone knows that Hong Kong’s IPO market is going through tough times. New deals are rare, depriving punters of a once favoured way of betting on equities and generating quick gains. read