IPO market shows signs of becoming good again

Busy region: A couple visits a pavilion at Victoria Harbour in Hong Kong. The financial hub has done some brisk business, along with Indonesia, as Asia emerges the busiest area for offerings in the world right now. — AFP

HONG KONG: The global market for initial public offerings (IPOs) is showing signs of life as a rebound in the stock market has emboldened companies to test investor appetite for new listings, particularly in Asia.

But a full-fledged recovery looks distant.