安永近日发布《2022年Q2全球IPO趋势》报告，指出受到地缘政治局势、不被看好的宏观经济趋势、较弱的股票市场估值、令人失望的上市后表现等动荡因素影响，全球IPO市场都出现了萎缩。
2022年第二季度全球IPO活动出现了明显降缓。全球共有305宗IPO，募资406亿美元，同比分别下降54%和65%。
今年的热门板块也发生了变化。科技、健康和生命科学板块仍旧表现出领先趋势，但IPO数量都出现折半。材料、工业、能源板块相对活跃。
亚太地区的IPO市场也略显式微，上半年共有367宗IPO，募资660亿美元，同比分别下降28%和14%。大中华区表现相对稳定，上半年共有191宗IPO，募资512亿美元。
亚太地区活跃度排名前三的交易所为上海证券交易所（主板及科创板）、深圳证券交易所（主板及创业板），以及韩国证券交易所。表现最突出的是材料、工业、科技领域。
中国移动82亿美元的上交所IPO、中海油51亿美元的上交所IPO，以及晶科能源16亿美元的科创板IPO，都入选为全球募资金额前十的交易。
在IPO数量上，深圳、上海位列全球前二。香港位列全球第十，北京位列第十一。
中国一系列积极的经济发展及新政府政策可能会在今年下半年修复市场积极性，并引发亚太地区IPO数量的整体增长，安永亚太区上市服务主管蔡伟荣指出。
中国内地和中国香港的IPO管线势头强劲：上海及深圳主板序列中有218宗IPO；港交所有182宗；科创板有120宗；创业板344宗；北交所60宗。
1H2022 saw volatile global IPO markets in face of multitudes of headwinds
EY has published a new Global IPO Trends Q2 2022 report, showcasing shrinking IPO markets due to increasing market volatility from rising geopolitical tensions, unfavorable macroeconomic factors, weakening stock market/valuation and disappointing post-IPO performance.
Q2 2022 saw dramatic slowdown in IPO activity. Globally, there were 305 IPOs raising $40.6 billion, decreasing 54% and 65% respectively compared to Q2 2021.
There was also a shift in sector focus. Technology and health and life sciences sectors were still leading the way, however, the number of IPOs from the two sectors had been halved. Materials, industrials and energy sectors have been acting relatively strong.
Asia-Pacific’s IPO market was also weakened in 2022 with 367 IPOs raising $66 billion for the first half of the year, decreasing by 28% and 14%, respectively. The Greater China market performed relatively better and saw 191 IPOs raising $51.2 billion.
The top 3 active exchanges in this region were Shanghai’s SSE and STAR, Shenzhen’s SZSE and Chinext, and South Korea’s KRX and KOSDAQ. And the most active sectors were materials, industrials and technology.
China Mobile’s $8.2 billion IPO and CNOOC’s $5.1 billion IPO on SSE’s main board, and Jinko Solar’s $1.6 billion IPO on Shanghai’s STAR Market were among the 10 largest IPOs globally by proceeds.
Shenzhen and Shanghai ranked No.1 and No.2 among global exchanges by number of deals. Hong Kong ranked No.10 and Beijing ranked No.11.
A series of positive economic developments and new government policies in China should result in renewed optimism and a revival in IPO activity across the Asia-Pacific region for the remainder of the year, said EY Asia-Pacific IPO Leader Ringo Choi in the report.
Mainland China and Hong Kong IPO pipelines remain strong with 218 ones of Shanghai mainboard and Shenzhen SME, 182 ones of HKEx, 120 ones of STAR Market, 344 ones of Chinext, as well as 60 ones of Beijing Stock Exchange.
