SINGAPORE (April 6): The Asia-Pacific region continued to dominate global initial public offering (IPO) activity in 1Q17 to account for 70% of the global number of IPOs and 48% by global proceeds.

This is according to findings from the latest quarterly report by EY, Global IPO Trends: Q1 2017, which also reflects a 92% y-o-y increase in the global number of IPOs with a 146% growth in global proceeds in the first three months of 2017.

Greater China hosted 182 IPOs during the quarter alone, with the Shenzhen and Shanghai exchanges being most active and accounting for 20% and 19% of the global number of IPOs at 73 and 70 IPOs respectively.  

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