羅兵咸料上半年本港IPO集資額按年跌14% 削全年預測至1,500億至1,700億元
羅兵咸永道發表IPO市場回顧及展望,指出受到通脹、利率趨升及地緣政治等不利因素影響,今年上半年IPO活動持續放緩,預料期內香港市場集資額將按年下降14%至約170億元,宗數則預期按年升11%至30宗,暫時於全球交易所中排名第六。
羅兵咸永道香港企業客戶主管合夥人黃煒邦指,息口見頂或加幅放緩,預料企業會重新考慮透過IPO融資,可能會於下半年起陸續分拆資產上市來釋放價值,但相信有部分公司會傾向等待市況好轉以達到更理想估值水平。
他預期下半年不利因素消退,加上市場需求恢復,經濟發展呈現回升向好趨勢,IPO市場亦可重拾動力,維持全年本港會有約100隻新股上市的預測,而總集資額則因應估值因素,從去年底預測達到1,800億至2,000億元,下調至介乎1,500億至1,700億元,當中集資額平均達100億元的大型新股估計會有3至5隻。
他指出,今年本港雖難重奪全球集資冠軍,但仍有望重回三甲地位。羅兵咸永道香港資本市場服務合夥人黃金錢補充,港交所(00388.HK)推出特專科技公司上市機制18C章,目前該行已接獲不少企業查詢或透露有意透過18C章渠道上市,預料今年內會有5至10間上市,平均集資約50億元。
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