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.
为何俄罗斯互联网公司Mail.ru上周五选择伦敦作为首次公开发行(IPO)地点,以筹资9.12亿美元,而俄罗斯铝业(Rusal)今年早些时候却决定前往香港进行IPO以筹资22亿美元呢?对一家公司而言,可能很难决定在哪家交易所上市最有利,但那些亚洲地区的交易所,特别是香港,正越来越受青睐。Dealogic的数据显示,今年迄今为止,该地区吸引了大约430亿美元的IPO,比美国和英国的总和高出四分之一左右。