LONDON: A couple of hefty share listings in Europe and the return of AB InBev's Asian unit float in the third quarter of 2019 brought some hope to a global IPO market battered by political volatility and downbeat global growth expectations.
Asia-Pacific equity capital markets volumes were down 22per cent overall to US$147.8 billion equivalent over the first three quarters versus the same period last year, particularly hurt by a 40per cent fall in IPOs to US$40.88 billion. Chinese IPOs alone halved in volume to US$26.7 billion. Similarly in Europe, bankers said they were feeling a little better about life after German tech firm TeamViewer and Swedish buyout group EQT Partners raised an overall 3.4 billion euros .
South Africa South Africa Latest News, South Africa South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Nasdaq cracks down on IPOs of small Chinese companiesNEW YORK (REUTERS) - Nasdaq Inc is cracking down on initial public offerings (IPOs) of small Chinese companies by tightening restrictions and slowing down their approval, according to regulatory filings, corporate executives and investment bankers.. Read more at straitstimes.com.
Read more »
Chinese companies rethink US IPOs after Trump's delisting threatBestbond, a Chinese apartment rental company, had been planning on a Nasdaq flotation in one to two years but as U.S.-China trade tensions ...
Read more »