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Billionaires Selling Cheap Stuff Get Richer From Inflation Pain

Billionaires Selling Cheap Stuff Get Richer From Inflation Pain
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India, Korea and Japan to see more IPOs while China stalls

While IPOs returned to major venues in Europe and the US, the slowdown in Asia was mostly due to Beijings decision to ramp up scrutiny of domestic new share sales as it tries to boost confidence in its equities market. Large deals in Hong Kong also vanished amid concerns about Chinas economy. The city hasnt hosted an offering larger than $1 billion since Oct. 2022. ....

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India, Korea and Japan to stay busy with IPOs while China stalls

New share sales across the region fell to $11 billion between January and March, the lowest tally for a quarter since early 2019, data compiled by Bloomberg show. The amount represents a 46% drop from the same period last year. ....

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