SINGAPORE/HONG KONG/SEOUL -- New company listings have slowed dramatically in Asia in recent months after initially getting off to a quick start.
While proceeds from new listings in the first quarter were 18% higher this year than in 2021, the drop-off in Asia-Pacific initial public offering activity in the second quarter has brought proceeds for the year through June 14 to $50.5 billion, 26% below the total at the same point last year, according to Dealogic data.