Decade High
(Dec 20): As Asia Pacific wraps up its best quarter for new listings in almost a decade, the region’s investment bankers are preparing for a busy start to 2020.
Citigroup Inc. and Morgan Stanley are among firms predicting more big offerings in the first half as investors and issuers look past US-China trade tensions and other geopolitical risks. Potential deals in the pipeline include a blockbuster listing of Thai Beverage Pcl’s brewery business in Singapore and a US$1 billion ($1.37 billion) initial public offering by bottled water producer Nongfu Spring Co. in Hong Kong.
