Global IPO activity fell 48% (97) in volume, and plunged 67% (to US$13.2 billion or $18.39 billion) in proceeds in April and May, compared to the same period in 2019.
SINGAPORE (June 30): The impact of the Covid-19 pandemic has caused IPO activity to decline in the first half of 2020, according to the EY quarterly report, Global IPO trends for 2Q2020.
Overall, 2Q20 saw a decline compared to 2Q19 across all regions by deal numbers. For the Americas, Europe, the Middle East, and Africa, proceeds were down in 2Q20 y-o-y. In Asia Pacific, deal numbers fell by 18% y-o-y, while proceeds rose by 28%.
