亚洲股市

Asian companies off to record start to year for equity issuance

Asian companies have sold more equity in the capital markets in the past five weeks than during any start to the year since records began, driving hopes of a revival in the global initial public offering market this year.

In the Asia-Pacific region excluding Japan, equity capital market volumes stand at $24.6bn so far in 2013, almost four times the $6.4bn raised in the same period last year and the strongest since at least 1995, according to Dealogic.

The strong start to the year comes as the MSCI Asia ex-Japan index has risen steadily in recent months, up nearly 15 per cent from September on the back of central bank actions and improving market sentiment.

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