NEW YORK — U.S. stock exchanges are still waiting for the return of major Asian-company listings despite a pickup in the IPO market across Asia itself, with some of the region’s largest initial public offerings in a year or more taking place last month.
In Japan, Tokyo Metro’s $2.3 billion debut was the country’s largest since 2018. Meanwhile, a rebounding Hong Kong stock exchange saw its two largest IPOs of the year the same week in October, with Horizon Robotics raising $696 million and China Resources Beverage raising $650 million.
