Asia has seen a flurry of deals in Asia equity capital markets over the last few weeks, and this trend is set to continue according to market experts.
On September 16, Hong Kong saw its largest initial public offering IPO with Foshan-headquartered Midea Group raising HK$31 billion $4 billion, well above market expectations. It also had the feel good factor of attracting back global investors to the Special Administrative Region SAR after years of turmoil through the protests and Covid-19. Investors include Hillhouse Investment, GIC, Temasek Holdings, and UBS Asset Management, according to a report in Bloomberg.
Midea, which was advised by law...
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