Copying and distributing are prohibited without permission of the publisher
IPO fragility raises risks for private equity firms
December 12, 2009
There are indications that secondary market investors are starting to tire of IPOs in Hong Kong. It will be a worry for Carlyle as it begins marketing the listing of China Pacific Insurance Group, writes Mergermarket.
With the Hang Seng Index having nearly doubled since March and TPG’s successful listing of Australian department store Myers in October, it is understandable that private equity-owned firms are increasingly tapping Hong Kong’s equity capital market.
This content is only available to Asiamoney PLUS subscribers or trialists.
If you have a username and password, you can login here.
Otherwise, please take a free trial or subscribe for unrestricted access.
Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.
Taking a free trial will give you access to the last 30-days of content (excluding some polls & awards articles), for two weeks. Start your trial today.