Asia prepares for busiest IPO week in over two years with $8.3 billion at stake
Summary: Asia's stock markets are set for their busiest week of initial public offerings (IPOs) in over two years, with around 20 companies aiming to raise $8.3 billion. This marks the largest weekly volume since April 2022.
Key participants include firms from China, India, and Japan. Notable listings include China Resources Beverage and Horizon Robotics in Hong Kong, which together could raise over $1.3 billion. Their performance may influence future IPOs in the region.
In India, Hyundai Motor India is debuting with a $3.3 billion IPO, the largest in the country’s history. Despite strong overall demand, interest from smaller investors has been weak due to concerns about the auto industry's current state.
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