Why did Mail.ru, the Russian internet company, choose London for its $912m initial public offering on Friday whereas compatriot Rusal, the aluminium producer, decided to tap the Hong Kong IPO market to raise $2.2bn earlier this year? It can be tough for a company to decide which stock exchange is best for a new listing, but those in Asia, and specifically Hong Kong, are increasingly favoured. So far this year, the region has attracted about $43bn worth of initial public offerings, about one-quarter more than the US and UK combined, according to Dealogic data.
為何俄羅斯互聯網公司Mail.ru上周五選擇倫敦作為首次公開發行(IPO)地點,以籌資9.12億美元,而俄羅斯鋁業(Rusal)今年早些時候卻決定前往香港進行IPO以籌資22億美元呢?對一家公司而言,可能很難決定在哪家交易所上市最有利,但那些亞洲地區的交易所,特別是香港,正越來越受青睞。Dealogic的數據顯示,今年迄今為止,該地區吸引了大約430億美元的IPO,比美國和英國的總和高出四分之一左右。