Asia’s biggest IPOs to watch for in 2H

Share sales globally plummeted some 70% from a year ago in the first half, to levels not seen in almost two decades, as investors and issuers shied away from volatile markets. However, with green shoots sprouting in some markets, there are some large deals on the horizon. IPOs in Asia fared better than in regions such as Europe and the United States

SINGAPORE: It’s been a rather quiet first six months of the year for initial public offerings (IPOs) in Asia, as the region got swept up in the market rout caused by raging inflation and hawkish monetary policies.

However, with green shoots sprouting in some markets, there are some large deals on the horizon.