HONG KONG -- Hong Kong is expected to remain the top market for initial public offerings in 2019, benefiting from a couple of large-scale listings that came despite the ongoing pro-democracy protests in the Chinese territory.
KPMG projects that companies will raise a total of $37.2 billion through Hong Kong IPOs this year, hitting a nine-year high. The city appears likely to lead the global rankings for the fourth time in five years, including in 2018, when $36.9 billion was raised.
