FA poll

Facebook debut will give US big lead in global IPO stakes

In last week’s web poll, we asked our readers to say which IPO markets would be busiest during 2012. With Facebook’s megadeal coming next week, can Hong Kong or China catch up?

Facebook is going public in the US next week with an equity offering that is likely to raise more money than all the initial public offerings in Hong Kong or China so far this year.

At up to $13.5 billion, Facebook’s IPO would be one of the biggest ever and just the kind of megadeal that once kept bankers in Hong Kong busy year-round, back when China’s big state-owned companies regularly rolled out huge and often cheap offerings that investors queued around the block to buy.

...
¬ Haymarket Media Limited. All rights reserved.

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222