Euromoney (July Issue)
2013/ 08/ 01 by jd in Global News
Suntory Beverage “successfully completed an almost $4 billion IPO, Asia’s largest this year” by listing on the first section of the Tokyo Stock Exchange. “Encouragingly for the wider market, Suntory’s story is not unique. In Japan, the opening–day share prices for more that 20 recent IPOs have exceeded their pre-market fixed prices as retail investors pile into companies in the firm belief that Japan’s growth path is assured. In fact, with the much-reported liquidity problems in China, Japan is emerging as something of a bright spot in Asia at exactly the right time.”
Tags: Asia, China, IPO, Japan, Liquidity, Retail investors, Share price, Suntory Beverage, TSE
