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德勤料香港首三季新股集資1,248億元 按年跌49%
阿思達克 09-23 13:12

德勤發表最新研究,預期今年首三季,香港將會有98隻新股,按年下跌38%;融資大約1,248億元,按年跌49%。而9月底一家亞太區最大的啤酒公司重新啟動超大型發售,將促使香港的全球排名由8月底時的第四位攀升至第三位。

該行指,鑒於多隻超大型新股已獲准上市,並正等候啟動路演,而香港交易所的上市申請個案管線穩固,因此相信香港仍擁有優勢。在2019年底時,可以達到其新股融資預測,即最少1,800億元,此預測是假設部分重大宏觀經濟活動,包括計劃於10月初進行的中美貿易磋商後,資本市場能夠穩定及回暖。

德勤中國全國上市業務組聯席主管合夥人歐振興表示,今年首三季度期間,中美貿易戰、英國脫歐及其他地緣政治因素的發展與不明朗,驅使包括香港在內的環球資本市場變得波動。由於較大型新股發行人需要穩定的市況以助建立新股認購賬簿及完成交易,因此它們的上市計劃亦受阻。

與此同時,市況不穩經常令到市場整體市值下調,導致今年來還未有任何擁有不同股權架構的企業上市。因此,今年整體新股融資規模萎縮不足以稱奇。

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