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China to Overtake the United States as the Most Resilient IPO Market in 2020

LONDON--(BUSINESS WIRE)--#IPO--Global market research company Euromonitor International launched an IPO Market Resilience Index identifying the most resilient IPO markets and how the recent coronavirus (COVID-19) outbreak will impact them.

From the end of 2020, the top five most resilient stock markets in the world are forecasted to be China, the United States (US), Hong Kong, Saudi Arabia and India. For the first time in 20 years, China will take over the number one spot from the US.

With three out of five IPO markets located in Asia Pacific (APAC), the region’s strong growth is driven by the expansion of local players and investor-friendly policies. “Being the first region impacted by COVID-19 also gives an advantage to APAC economies, as countries in the west are currently relying on imported goods from China, Malaysia and India, amid disruption to their own supply chains,” comments Joao Luiz Paschoal, consulting practice manager for investor services at Euromonitor International.

According to Euromonitor’s IPO framework index, APAC economies have an average score multiplier of 3.7, more than double the score for western economies, translating to a more attractive environment for IPO markets.

“Interestingly, Saudi Arabia is the only other country alongside China set to improve its resilience by opening the economy to external capital and the aftermath of oil shocks with Russia,” concludes Paschoal.

To compare IPO markets performance and find out more about Euromonitor’s methodology, access the full report for free.

About Euromonitor International

Euromonitor International is the world’s leading provider for global business intelligence and strategic market analysis. We have more than 40 years of experience publishing international market reports, business reference books and online databases on consumer markets.

Contacts

Carol Li

Communications Executive - Euromonitor International

Tel: +44 207 251 8024 Ext 5222

[email protected]

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