News Snapshot:
- Greater China overall had a 28% drop in the number of initial public offerings, although IPO activity in Hong Kong was slower compared to mainland China, data from consultancy EY showed. - "Hong Kong saw notably slower IPO activity due to recent market volatility, a severe outbreak of Omicron cases and a relatively bigger fall in the local stock market indices," said EY in a report. - The decline in Asia-Pacific was less severe compared to IPOs globally – with a fall of 37% in the first quarter compared to a year ago, or 321 listings. The number of...
