Global equity markets have seen a strong bounce back from the low points seen in March 2020. Whilst market volatility has reduced from the height of the global pandemic, it remains elevated as the global economy continues to grapple with the effects of COVID-19.
The China IPO market continues to prove resilient to challenging global economic conditions. China continued a strong start to the year with 73 IPOs raising $8.6bn in Q2 2020. Activity for the remainder of the year is expected to accelerate with more US listed Chinese issuers seeking secondary listing in Hong Kong and registration-based IPO market reform in the China A-share market.