Last year saw the highest number of Asian initial public offerings in two decades, reinforcing Asian companies’ status as the world’s largest users of public stock markets. So says the OECD’s latest Asia Equity Market Review.
Looked at through the lens of the primary market in equities, Asia is by far the most capital-hungry chunk of the world economy.
But with Donald Trump on the trade warpath, will this prove to be the high water mark for Asian capital raising in the current economic cycle?
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