Hong Kong IPO MarketInterim review and outlook 2012 |
In the first half of 2012, Hong Kong's IPO market was hit by global economic uncertainties and saw the most lackluster interim performance since the financial crisis in 2009, raising a total fund of HK$30.6 billion from 32 IPO deals, down 80% from HK$187.2 billion for the same period last year, according to the latest research data from the Public Offering Group of Deloitte China.
During the first six months, over 15 IPOs were believed to have been put on hold, an all-time record high. Expecting that the market condition may ameliorate and several IPO backlogs may be re-launched, we anticipated a better performance for Hong Kong’s IPO market in the second half of 2012.
Hong Kong IPO Market - Interim review and outlook 2012
(479.50 KB)
