September IPO backlog builds as Asia awaits return to risk

IPO
By John Loh
23 Aug 2018

At least $8bn in IPOs from Asian issuers could hit screens in September alone, if everything goes according to plan. But with investor sentiment still on the rocks despite the mid-year lull coming to a close, equity capital markets bankers are hoping for a swift end to what has been a summer of volatility. John Loh reports.

Risk appetite has picked up slightly from last week, when bad news from Turkey and Tencent helped roil emerging markets equities. But as bankers ready their pipelines for next month, the pressure is on — no fewer than six deals have started pre-marketing recently.

The largest listings will ...

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