The U.S. may be seeing a slew of Chinese firms making their debuts on Wall Street, but Asia-Pacific has dominated initial public offerings this quarter.
Asia-Pacific accounted for 65 percent of the 330 IPOs and 49 percent of the capital raised globally in the third quarter, according to an EY report on Thursday.
In comparison, stock exchanges in the U.S. accounted for 8 percent of global IPOs by volume and 9 percent by proceeds, the report said.
The largest IPO in Asia-Pacific by proceeds between July 1 and Sept. 15 was the $1.7 billion NetLink NBN Trust listing on the Singapore Exchange, which was also the second-largest debut globally in the period, EY said.
Despite the SGX's crown for the largest regional IPO by proceeds this quarter, greater China markets saw the most activity, the report said.
Stock exchanges in greater China saw a total of 144 companies listed in the third quarter, making up 44 percent of global IPOs, according to EY. Hong Kong saw 37 IPOs, compared with 56 on the Shanghai Stock Exchange and 51 on the Shenzhen Stock Exchange's main and ChiNext boards, the report said.
While Hong Kong might have seen fewer new listings than the mainland exchanges, the proceeds from two companies listed on its main board — ZhongAn Online Property & Casualty Insurance and Zhongyuan Bank — each topped the $1 billion mark.