Market turbulence weighs on IPOs

Sinking equity markets have weighed on the performance of newly listed companies, dampened sentiment and led to billions of redemptions.

Market turbulence weighs on IPOs

Global equities have been pummelled over the past few weeks and, despite signs of a recovery in the last two trading sessions, market participants expect meagre ECM activity until stability returns.  

Indeed, since Alibaba shattered all records and raised $25 billion in the world’s largest initial public offering, a significant chunk of flotations have performed poorly, Dealogic data shows.

Online payment company MOL Global plunged 35% on its Nasdaq market debut...

To continue reading, please login or register for free

Click for more on: ipo | global equities | transport | bangkok airways

Print Edition

FinanceAsia Print Edition