Initial public offerings from Southeast Asian companies in Hong Kong are generally tiny. The average deal size of such IPOs last year stood at just $15.3 million, according to data compiled by Bloomberg. The largest deal was by Singaporean furniture retailer, Design Capital Ltd., which raised $19 million.
SINGAPORE: Southeast Asian companies seeking to list in Hong Kong may be better off staying at home as investors in the financial hub continue to avoid small-cap stocks.
Initial public offerings from Southeast Asian companies in Hong Kong are generally tiny. The average deal size of such IPOs last year stood at just $15.3 million, according to data compiled by Bloomberg. The largest deal was by Singaporean furniture retailer, Design Capital Ltd., which raised $19 million.
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