Regional holidays dampen IPO activity

Chinese New Year around the region saw IPO numbers drop off dramatically from January, with only 10 listings taking place throughout February.

Regional holidays dampen IPO activity

With much of the region enjoying Chinese New Year, Tokyo stock exchange took the lead in February, with three listings during the month, including Escon Japan REIT Investment Corp’s $174 million offering on February 4.

The largest deal in February was Qingdao Rural Commercial Bank Corp’s $325 million offering on February 22, which has yet to trade.

Meanwhile, Chalet Hotels of India’s $230 million offering kick-started the IPO year in India....

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