New York’s rise to the top of the initial public offering ladder was boosted by Snap’s US$3.9 billion float in March. Photo: AP

New York displaces Hong Kong as world’s top IPO destination in Q1

Absence of blockbuster IPOs pushed Hong Kong’s ranking to below New York, Shanghai and Shenzhen.

Topic |   IPO

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New York’s rise to the top of the initial public offering ladder was boosted by Snap’s US$3.9 billion float in March. Photo: AP
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