Hong Kong remained Asia’s biggest equity fundraising hub on an ex-A share basis in the first half of the year, with total equity issuance picking up from the same period last year and set for a huge boost in the upcoming months.
Share sales in the city rose 21% to $17.9 billion in the first six months compared to $14.7 billion from the same period last year, rebounding from a year with the lowest equity issuance since the global financial crisis, according to data provider Dealogic.
Hong Kong is set for a further strong boost in volume if planned initial public offerings from China Tower and Sinopec...