Caixin
Apr 02, 2024 04:12 AM
FINANCE

India, Korea and Japan to See More IPOs While China Stalls

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New share listings across Asia Pacific dropped 46% in the first quarter from a year ago
New share listings across Asia Pacific dropped 46% in the first quarter from a year ago

(Bloomberg) — After the worst quarter in five years for Asia Pacific initial public offerings, a pickup in activity is expected from South Korea, India and Japan while Chinese deals are likely to remain sparse.

New share sales across the region fell to $11 billion between January and March, the lowest tally for a quarter since early 2019, data compiled by Bloomberg show. The amount represents a 46% drop from the same period last year.

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