Asian companies raised more than $83 billion through share sales in July, setting a single-month record, according to Bloomberg data. The tally spanned IPOs, rights issues and block trades. South Korea's SK Hynix led the way, pulling in $26.5 billion from a U.S. listing. Momentum has spilled into August, with India's government selling shares in state-run insurer LIC for $3.3 billion. Morgan Stanley's head of Asia-Pacific ECM, Cathy Zhang, said the bank remains upbeat on capital market prospects for the second half, particularly in Hong Kong, the Chinese mainland and Taiwan. She expects several transactions above $1 billion to launch in the coming months, concentrated in consumer internet, industrial technology and AI. The figures underscore how deep and active equity capital markets in Asia have become, even as global volatility persists and investors rotate across regions and sectors.
Asian companies raised more than $83 billion through equity capital markets in July, a monthly record, according to Bloomberg data. The total came from IPOs, rights issues and block trades.
SK Hynix, the South Korean memory-chip maker, delivered the biggest deal, raising $26.5 billion through a U.S. listing. That single transaction accounted for nearly a third of the regional total.
August has kept the momentum going. India's government sold shares in state-run insurer LIC, bringing in $3.3 billion.
Morgan Stanley's head of Asia-Pacific ECM, Cathy Zhang, said the bank still favors capital markets in the second half of the year, especially in Hong Kong, the Chinese mainland and Taiwan. She expects several transactions above $1 billion to hit the market in the coming months, centered on consumer internet, industrial technology and AI.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
