IPOs benefit as investors regain Asian risk appetite

Mild improvement in sentiment brings some hope to the ECM pipeline as the Hong Kong/China market gears up for a busy September. But sentiment remains fragile say bankers and investors.

Lower valuations combined with expectations for strong second quarter earnings have helped re-focus investors ‘minds on fundamentals rather than geopolitics, leading to a noticeable uplift in demand for initial public offerings and better secondary market performance across Asia.

¬ Haymarket Media Limited. All rights reserved.

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