High interest rates, sticky inflation and geopolitical tensions have seen share sales by Asia Pacific (including Japanese) companies sink by a fifth in value so far this year to $229 billion, LSEG data shows. That s put this year on course to be the weakest since 2012.
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Bankers in Asian equity
capital markets are hopeful of a better year in 2024 after a
dismal showing for IPOs this year, noting that interest rates
have stabilised globally but they add that elections.
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