, Hong Kong

Hong Kong's raised funds rocketed to HK$39b in 1H

Check out these 2 mega deals.

According to an analysis from the National Public Offering Group of Deloitte Touche Tohmatsu, a professional services organisation, Hong Kong raised more funds in the first half of 2013 over last year although at a lower level than before the financial crisis.

This was driven by two mega-listings in May. These mega-deals, which raised HK$22.5b proceeds, accounted for nearly 57% of total funds raised for the first half. These deals came from SINOPEC Engineering and China Galaxy Securities.

On the other hand, IPOs on Mainland bourses remained stagnant during the period due to the on-going special inspection on IPO applicants' 2012 financial reports conducted by the China Securities Regulatory Commission.

For the first six months of 2013, Hong Kong is expected to see 22 new listings raising HK$39.5 billion, up 28% from the HK$30.8 billion proceeds raised by 32 IPOs during the same period of last year.

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Get Investment Asia | Investment News, Finance News, M&A News. in your inbox

Singapore's corporate bond market up 6.7% to $116b

Government agencies dominated the bond market.

Asian credit poised for a 'better year' in 2014

On back of a modest increase in US interest rates.

Japanese hedge funds climbed 26.77%

As Asian hedge funds outperformed peers.

Asian managers beat peers as hedge funds up 8% in 2013

Here's what boosted this growth.

Asian equity markets hold up against the US

Lousy start for 2014, says analyst.