IPOs
Dealmakers are eyeing a revival in Asia’s initial public offerings in 2025 as India’s pipeline remains robust and a recovery in Hong Kong takes hold.
New-share sales in India are expected to surpass last year’s record of US$20.7 billion ($28.33 billion), as a resilient economy and strong demand from mutual funds buoy a stock boom. Meanwhile, mainland-listed companies’ share offerings in Hong Kong will likely boost the city’s IPO market as onshore deals, which once dominated the region’s volumes, lag.
