(Bloomberg) Japanese initial public offerings may keep luring buyers after having delivered the biggest gains among newly listed Asian shares this year in the world’s best-performing equity market.Most Read from BloombergNYC Air Quality Drops to Unhealthy Levels — But Canadian Fires Aren’t to BlameXi’s Metal Curbs Risk Backfiring as G-7 Seeks China AlternativeBond Yields Higher as Another Rate Hike Signaled: Markets WrapEarth Keeps Breaking Temperature Records Due to Global WarmingFed Minutes
Top Asia IPO Gainers Are in Japan as Nation Lures Global Funds bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.
Japanese e-commerce and mobile communication company Rakuten Group Inc said Tuesday it will raise up to 332 billion yen via new share issues, including third-party allotments, as it tries to improve its financial standing following aggressive investments in its mobile phone business. Part of the funds to be raised in…
HONG KONG: The global market for initial public offerings (IPOs) is showing signs of life as a rebound in the stock market has emboldened companies to test investor appetite for new listings, particularly in Asia.
Roughly $25 billion worth of IPOs priced globally in March and April, nearly twice the amount seen in the first two months of the year when listings virtually ground to a halt.