يحاول ذهب - حر

Bankers see Asia deal drought easing as HK IPOs pick up

November 13, 2024

|

The Straits Times

China drawing investor interest, with India and Japan having solid pipelines of share sales

Bankers see Asia deal drought easing as HK IPOs pick up

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.

المزيد من القصص من The Straits Times

The Straits Times

The Straits Times

Students lead effort to save birds from crashing into iconic NTU building

Birds would fly straight into the glass facade thinking the windows are part of landscape

time to read

4 mins

November 03, 2025

The Straits Times

The Straits Times

'What we promise, we deliver': Sunway founder on building a legacy of trust

Tycoon seeks to make conglomerate a major gateway from S'pore to Malaysia

time to read

4 mins

November 03, 2025

The Straits Times

The Straits Times

Why renewables are difficult to talk about at UN climate summits

When the 2035 climate targets of countries are scrutinised at the upcoming United Nations climate change conference COP30 in Brazil, the spotlight will be on whether the nations have done enough to meet a collective goal to ramp up clean energy adoption.

time to read

4 mins

November 03, 2025

The Straits Times

The Straits Times

Benz Hui's family to donate all condolence money to charity

All the condolence money for veteran Hong Kong actor Benz Hui will be donated to the Children’s Cancer Foundation, his family said in an obituary released on Oct 31.

time to read

1 mins

November 03, 2025

The Straits Times

The Straits Times

Dear Evan Hansen still moves with its message of feeling included

The title's second outing in Singapore features a larger cast and set, and has maintained the relatability and heart of the story

time to read

2 mins

November 03, 2025

The Straits Times

The Straits Times

From Vanuatu to Yishun: The plant giving S’pore fall colours all year

As the weather cools in the Northern Hemisphere, fall foliage is sure to draw the eye. But even in tropical Singapore, the colours of autumn can be enjoyed year round - in Gardens by the Bay and along the country’s streetscapes, from Yishun to Bukit Panjang.

time to read

5 mins

November 03, 2025

The Straits Times

Nearly half of Cat A COEs go to EVs in first 9 months of 2025

EVs make up 43% of new car registrations, up from 33.8% in 2024 and 18.2% in 2023

time to read

2 mins

November 03, 2025

The Straits Times

The Straits Times

Youth who faced family tragedy among 12 inaugural President's Challenge fellows

Growing up in a troubled family, Ms Shirlene Ng was 13 when she witnessed her mother take her own life. Her mental health took a hit.

time to read

3 mins

November 03, 2025

The Straits Times

The Straits Times

An uneven muddle of themes and genres

A deeper dive into the intergenerational female trauma of Congratulations, Get Rich! would make for a — pun intended — richer story

time to read

2 mins

November 03, 2025

The Straits Times

The Straits Times

Backyard cafes in JB village give owners hope of lease extension

Locals bank on increased economic activity boosting their case, preserving area’s heritage

time to read

5 mins

November 03, 2025

Listen

Translate

Share

-
+

Change font size