India, Korea and Japan to stay busy with IPOs while China stalls

Concerns over China's economy led to a disappearance of large deals in Hong Kong, with no offerings exceeding $1 billion since October 2022. Despite this downturn, a revival in IPO activity is anticipated in South Korea, India, and Japan, although Chinese deals are expected to continue being scarce. The pipeline of expected large deals in Mumbai also includes a potential $1 billion offering by Bajaj Housing Finance Ltd.