South Korea’s equity capital market is on course to record another bumper year, after corporate restructuring at large conglomerates and financial sponsor activity drove equity sales in the first six months to their highest level since 2010.
Total share sales from Korea rose 25% to $8.1 billion in the first half from $6.5 billion in the same period last year, according to data from Dealogic. Equity sales have increased for four consecutive years and are at the second highest level in the past decade.
With big names such as Hotel Lotte and Kyobo Life Insurance planning initial public offerings in the second half of the year, Korea’s...