Honk Kong, India fuel blockbuster year for Asia fundraising
Share sales nearly quadrupled to more than $73 billion through initial public offerings, placements and block trades. For the first time since 2013, that made Hong Kong the No. 1 fundraising spot in Asia, ranking just behind the US globally. The city has been at the front of a dealmaking boom across the continent that included a record year for IPOs in India, and strong markets in mainland China and Japan. In Hong Kong, Chinese companies fuelled the frenzy with gargantuan deals to power their global expans ...