News Snapshot:
IPO deals in Greater China and the Asia-Pacific have seen a substantial YoY slump, but are better than the broader global market. The Greater China region has seen a 28% decline in initial public offering (IPO) listings following a spike in Omicron cases. Hong Kong, in particular, experienced a relatively slower pace of IPO activity than mainland China according to reports. Apart from a severe outbreak of Omicron cases, recent market volatility also caused the slump. In addition, Hong Kong saw a relatively more pronounced plunge in the local stock market indices. The special administrative Chinese region had only 12...
