Even though equity markets in Asia have stabilised during the past two weeks, bankers say it will be difficult to bring sizeable initial public offerings in Hong Kong until September, as the investor appetite isn’t really there for untested deals with a long lead time.
Hong Kong listing candidates that used year-end financials in their listing applications and failed to get their deals out before the end of June will also have to update their numbers before they can hit the market. This will typically take at least a couple of months.
However, that doesn’t mean that there will be no IPOs in the region this...