Hong Kong poised to reclaim IPO crown, says AlecMac11: BVPredicts
The amount raised from initial public offerings in Hong Kong fell by about a third in 2019 from a year earlier as anti-government protests in the former British territory and the U.S.-China trade war weakened investor sentiment.
New issuers raised $22.3 billion in Hong Kong between January and Dec. 5, according to data provider Dealogic, down from $33.4 billion in 2018. By comparison, New York’s Nasdaq enjoyed its best year for IPOs since the dot-com bubble peaked in 2000, raising $32.4 billion thanks to big listings of companies including ride-hailing outfit Lyft, online dental service SmileDirectClub and exercise-bicycle maker Peloton.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
To skirt police restrictions, some Indian protesters take a page from Hong Kong and beyondBefore midnight on New Year's Eve, a call to action was sent on a private W...
Read more »
China replaces head of Hong Kong liaison office amid ongoing protestsChina has replaced the head of its Hong Kong Liaison Office, the most senior mai...
Read more »
Dozens held after shopping protest at Hong Kong border townPetrol bombs hurled at a Hong Kong police station and dozens of people arrested following a march against so-called parallel trading near the Chinese border
Read more »
Taiwan election is make or break for fleeing Hong Kong protestersA small but growing number of Hong Kong protesters who fled to Taiwan for safety...
Read more »
China replaces top official in Hong Kong amid protestsWang Zhimin, the most senior mainland political official in the protest-riven territory, was replaced Saturday.
Read more »