A ceremony at the Hong Kong stock exchanges to welcome the first trading day of the Lunar New Year on February 8, 2019. Photo: Xinhua A ceremony at the Hong Kong stock exchanges to welcome the first trading day of the Lunar New Year on February 8, 2019. Photo: Xinhua
A ceremony at the Hong Kong stock exchanges to welcome the first trading day of the Lunar New Year on February 8, 2019. Photo: Xinhua

Hong Kong edges past Nasdaq as the world’s third-quarter IPO hub as companies returned to one of Asia’s deepest markets for funds

  • The total value of first-time share sales in Hong Kong since September 1 is US$7.9 billion, overshadowing Nasdaq’s US$7 billion and US$3 billion at the New York Stock Exchange, according to Bloomberg
  • Anheuser-Busch InBev NV’s US$5.8 billion IPO of its Asian unit and another billion-dollar-plus deal contributed to the lead held by the Asian financial centre

Topic |   IPO
A ceremony at the Hong Kong stock exchanges to welcome the first trading day of the Lunar New Year on February 8, 2019. Photo: Xinhua A ceremony at the Hong Kong stock exchanges to welcome the first trading day of the Lunar New Year on February 8, 2019. Photo: Xinhua
A ceremony at the Hong Kong stock exchanges to welcome the first trading day of the Lunar New Year on February 8, 2019. Photo: Xinhua
READ FULL ARTICLE