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Investors remain upbeat on Asian IPOs

Region provides safe haven as global uncertainties dampen volume

Both mainland China and Hong Kong IPO markets are expected to remain positive.   © Reuters

SINGAPORE -- Despite the lackluster performance of the global IPO market with investors lukewarm to even mega unicorn offerings, sentiment in some Asian markets remain strong.

Take China for instance. Since the launch of its new Nasdaq-style stock venue (STAR Market) last month, 25 companies raised a total of $5.4 billion, about 20% more than expected as retail investors flocked to the market.

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