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Asia share sales on growth path, Hong Kong to reclaim top spot in IPO rankings

Reuters  |  HONG KONG 

By Elzio BarretoHONG KONG (Reuters) - Share sales in Asia ex-Japan have picked up pace this year and are set to rise sharply in the coming months, with $10 billion listings from two Chinese firms expected to reinstate Hong Kong as the world's top IPO destination, bankers and analysts said. Deals in India and South Korea will also drive a pick up in the region's equity capital markets (ECM) activity that - according to preliminary Thomson Reuters data - rose 7 percent across Asia-Pacific exchanges in the first half of 2017, versus an almost 50 percent drop in the corresponding year-ago ...

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First Published: Fri, June 30 2017. 05:37 IST