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Asia led 2017's global rise in IPOs as China's prowess grows

Mainland bourses outperform Hong Kong as tech companies ride wave of growth

Ou Yaping, left, executive director of ZhongAn Online P & C Insurance, rings a ceremonial gong to mark the company's debut on the Hong Kong stock exchange on Sept. 28. (Photo by Shinya Sawai)

HONG KONG New listings made a strong comeback in a year where the global equity bull run showed no signs of abating. Asia continued to lead in both volume and total funds raised as the region's two major economies shifted their reliance on banks to capital markets for their financing needs.

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