This Is Asia’s Busiest Week for IPOs This Year
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Asia is embracing a flurry of initial public offerings this week, with more than 20 deals totaling over $5 billion being marketed across the region.
The deals, originating from China to South Korea and Thailand, mark the busiest week in 2019, despite a year-to-date decline in Asia’s IPO value. First-time sales have raised $56 billion in the Asia Pacific region this year, down 26% from the same period in 2018, according to data compiled by Bloomberg.