“2021 is shaping up to be as busy, if not busier, than 2020, with many of the same themes we saw this year driving issuance,” said William Smiley, co-head of equity capital markets for Asia ex-Japan at Goldman Sachs Group Inc.
With an initial public offering queue that includes a potential float of some assets by the world’s most-valuable startup ByteDance Ltd. and the listing of its short-video rival Kuaishou Technology, 2021 is shaping up to be a bonanza for Asian share sales.
It could even, some bankers say, beat 2020’s pandemic-defying year of sizzling IPOs.
