CROSS-BORDER IPO INDEX: GLOBAL 2017

Transcription

1 IPO INDEX: GLOBAL The IPO market in has put in its best performance in 0 years. A more stable political environment in some of the key markets, combined with strong economic growth, has boosted both the number of listings and the volume of capital raised. Koen Vanhaerents Global Head of Capital Markets at Baker McKenzie TOP EXCHANGES FOR London (Mainboard and AIM) Warsaw Stock Exchange (Mainboard and New Connect) London (Mainboard and AIM) TOP TOP SECTORS () Allied Irish Banks PLC Guotai Junan Securities Co Ltd Ireland / LSE Healthcare Consumer Products Financials ZhongAn Online P&C Insurance Co Ltd EN+ Group PLC China Literature Ltd Russia / LSE USD 3.32 USD 2.6 USD 4.59 KEY GLOBAL DATA POINTS USD 37.6 BY 25% 55% 95 elements, including capital raised, deal volume, stock exchanges involved and issuer home jurisdictions. All data underlying calculation of the index are sourced through Thomson One. Correct to 4 December.

2 GLOBAL CONSUMER GOODS & RETAIL VALUE USD NUMBER OF "The continued increasing demand in emerging countries, and strong sector performance, even in light of changing consumer demands and the role of technology, has driven the rise in in the Consumer Goods & Retail sector. Alyssa Gallot-Auberger Global Chair, CG&R Industry Group, Baker McKenzie Value (USD billion) of TOP EXCHANGES FOR CG&R Shanghai Stock Exchange B3 (formerly BM&F Bovespa) Shanghai Stock Exchange B3 (formerly BM&F Bovespa) TOP CG&R ISSUER ATACADAO SA ALD INTERNATIONAL SA STEINHOFF AFRICA RETAIL LTD BECLE SAB DE CV PROSEGUR CASH SA CAPITAL RAISED USD HOME JURISDICTION & EXCHANGE Brazil B3 France Paris South Africa JSE Mexico BMV Spain Bolsa de Madrid KEY GLOBAL CG&R DATA POINTS USD 30.5 BY 63% & % elements, including capital raised, deal volume, stock exchanges involved and issuer home jurisdictions. All data underlying calculation of the index are sourced through Thomson One. Correct to 4 December.

3 IPO INDEX: ASIA PACIFIC We are bullish about transactional activity as a whole in the region in. We predict that M&A activity will be strong and this will drive secondary offerings of equity and debt capital markets transactions. China will continue to drive a lot of the IPO activity, both domestically and cross border, mainly on the HK exchange. Cross-border will continue to be a significant feature of IPO activity in the region. David Holland Asia Pacific Head of Capital Markets at Baker McKenzie TOP EXCHANGES FOR Korea Exchange (including KOSDAQ) Singapore Exchange (Including Catalist) Taiwan Stock Exchange (including OTC) 82 Korea Exchange (including KOSDAQ) Singapore Exchange (Including Catalist) Taiwan Stock Exchange (including OTC) TOP TOP SECTORS () Guotai Junan Securities Co Ltd ZhongAn Online P&C Insurance Co Ltd China Literature Ltd Guangzhou Rural Commercial Bank Co Ltd Zhongyuan Bank Co Ltd Consumer Products Industrials USD 0.7 Healthcare 8 4 USD USD.45 USD 7 BY KEY ASIA PACIFIC DATA POINTS 24% 26% 07 elements, including capital raised, deal volume, stock exchanges involved and issuer home jurisdictions. All data underlying calculation of the index are sourced through Thomson One. Correct to 4 December

4 IPO INDEX: EMEA After a slow start to, a stronger second half means we ve witnessed a year of growth. In London which attracts the largest pool of capital in Europe Brexit has had little-to-no impact on choice of listing venue. Throughout Europe, there have been fewer political shocks to the European system in, with fewer surprises in elections across EMEA. We continue to see a broadening of geographies in EMEA equity capital markets, with more markets open for business. Adam Farlow EMEA Head of Capital Markets at Baker McKenzie TOP EXCHANGES FOR London (Mainboard and AIM) 2 London (Mainboard and AIM) Warsaw Stock Exchange (Mainboard and New Connect Frankfurt Stock Exchange (Mainboard and Xetra Bucharest Stock Exchange 2 Warsaw Stock Exchange (Mainboard and New Connect Frankfurt Stock Exchange (Mainboard and Xetra) First North TOP TOP SECTORS () Allied Irish Banks PLC EN+ Group PLC Ireland / LSE Russia / LSE Financials Energy and Power High Technology Play Communications SA Sherborne Investors (Guernsey) C Befesa SA Luxembourg / Warsaw Stock Exchange Guernsey / LSE Spain / Frankfurt Stock Exchange USD 6.06 USD.08 USD 0.53 KEY EMEA DATA POINTS USD 0.7 BY 722% 45% 28 elements, including capital raised, deal volume, stock exchanges involved and issuer home jurisdictions. All data underlying calculation of the index are sourced through Thomson One. Correct to 4 December

5 IPO INDEX: NORTH AMERICA was a bounce-back year for the North American capital markets, not a surprise considering so many issuers and sponsors had sat on the sidelines in as a result of the US election and Brexit referendum. While has not been without its challenges from a geopolitical point of view, issuers and sponsors came back into the US markets in significant numbers and were rewarded with a rising tide. s and sponsors have either accepted a greater level of political uncertainty, or they have simply decided that they could no longer wait until things settled down politically. Amar Budarapu North America Head of Capital Markets at Baker McKenzie TOP EXCHANGES FOR Toronto (including TSVX and Nex Board 2 Toronto (including TSVX and Nex Board) TOP TOP SECTORS () Loma Negra Cia Industrial Qudian Inc Argentina / NYSE China / NYSE Healthcare High Technology Consumer Products Sea Ltd Sogou Inc Nexa Resources SA Singapore / NYSE China / NYSE Luxembourg / TSX USD.44 USD 2.09 USD.50 KEY NORTH AMERICA POINTS USD 9.5 BY 46% 33% 59 elements, including capital raised, deal volume, stock exchanges involved and issuer home jurisdictions. All data underlying calculation of the index are sourced through Thomson One. Correct to 4 December.