Potential AIA block overshadows hopes for IPO revival

While bankers are hoping for a revival of the IPO market, all eyes are on AIG as the lockup of its remaining $7.3 billion stake in pan-Asian life insurer AIA expires on September 4.

Potential AIA block overshadows hopes for IPO revival

The final four months of the year is traditionally a busy time for new listings in Asia and, with September less than two weeks away, market participants are watching for a potential revival of the IPO market.

With the exception of a couple of high-profile deals in Malaysia, there have been few reasons for excitement so far this year and, in mid-July, just after Malaysia’s IHH Healthcare had completed its $2.1 billion IPO, the...

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