BENGALURU/HONG KONG -- Mumbai is set to become the global leader in new stock market listings this year, with more initial public offerings on its two exchanges than in any financial center in China.
The number of IPOs in Mumbai is expected to rise 45% this year, and new listings in Shenzhen, Shanghai and Hong Kong to fall by around 30%. (Source photos by Ken Kobayashi and Kenji Kawase)
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