ACMI

Since the early large public offerings and trading of securities that assisted to finance expeditions of discovery and trade from the West to the East, the capital markets have served as an important platform to raise funding for enterprises to grow and for savers to invest. As the role of intermediaries and service providers expanded, the financial services sector has in turn become a significant contributor to many countries’ national GDP as well as a direct and indirect source of employment... globally. According to EY, in 2013, the Asia-Pacific region (including Greater China, ASEAN, Japan and Australia) represented the largest volume of initial public offerings (IPOs) and second largest amount raised globally (49% and 34% respectively). Asia-Pacific’s role (including as a source of listings in the United States and elsewhere) is only expected to grow with its continued robust economic activity, the resumption of Mainland China’s IPO markets and the opening up of more frontier markets.More