2024 H1: India's equity market share in Asia's ECM surges 137%, raising $28.5bn, while Chinese deals drop 70% to $25.5bn.

India's equity market is set to become a hotspot for deals in the second half of 2024, with a surge in IPOs. India's share in Asia's equity capital market (ECM) deals reached a record high, with ECM deals jumping 137% in H1 2024, raising $28.5bn. In contrast, mainland Chinese ECM deals dropped nearly 70% to be worth $25.5bn. While Hong Kong's IPO market remains low, the Hang Seng's 9% rise in the past three months is seen as a positive sign for more public market debuts.

June 27, 2024
6 Articles