Record-setting Asian IPO boom likely to taper off


Source: taipeitimes.com taipeitimes.com

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Tue, Apr 06, 2021 page11 Record-setting Asian IPO boom likely to taper off Bloomberg As in the US, initial public offering (IPO) activity in Asia has had its strongest start to a year, but the frenzy for new shares is likely to taper off as demand falls back in the next few months. Asian companies, like their global peers, notched their best first quarter for listings ever, thanks to a flood of liquidity during the COVID-19 pandemic, low interest rates and rallying stock markets. Asian firms raised US$49.3 billion through IPOs at home and abroad — a 154 percent jump...