It has been a good year for Asian equity capital markets issuance, although that only became clear during second half of 2017 when the tech sector made a big comeback. And this momentum will continue into 2018 according to investment bankers and investors who believe the tech sector will continue to lead the way.
However, many market participants expect the forthcoming year to show the reverse pattern to 2017. A busy first half is likely to give way to a less certain second half as monetary policy tightening weighs on fairly heady valuations.
Where 2017 is concerned, total IPO and secondary share sales across Asia ex-Japan stood...
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