Asean IPOs set to hold steady in Q4 as Chinese listings take a hit

Tensions between Washington and Beijing and a resurgence in Covid-19 cases could hammer the market for Chinese initial public offerings for the rest of the year, said professional services firm EY yesterday.

But while growth could fall in the short term, experts said investor interest in China equities is unlikely to taper off, while listings in Asean are expected to hold steady in the fourth quarter.

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A version of this article appeared in the print edition of The Straits Times on October 01, 2021, with the headline 'Asean IPOs set to hold steady in Q4 as Chinese listings take a hit'. Subscribe