Air Asia X, the Malaysia-based long haul budget airline, became the latest Asian company to brave volatile conditions to make its stock market debut on Wednesday, even as many other firms have delayed listings or given up plans of capital raising altogether.
Fears over the impact of the U.S. Federal Reserve tapering its massive bond buying program later this year has sent global markets into a tizzy with Asian assets - stocks, bonds, currencies - being the hardest hit.
The MSCI Emerging Markets index has sold off around 13 percent since the Fed first hinted at tapering at the end of May.
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However, analysts say companies are still entering the market by adapting their IPO (initial public offering) strategies to make them more attractive to investors.
"They [Asian companies] have to make their IPOs cheaper and more palatable for investors," said Philippe Espinasse, author of IPO: A Global Guide.
"They have to go for lower transaction sizes and be more reasonable on the valuation of their shares," he added.
Azran Osman-Rani, the chief executive of Air Asia X, which is the largest IPO in Malaysia this year raising $310 million, told CNBC; "We priced it about right."
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In June alone, four companies in Hong Kong either dropped IPO plans or cut their IPO sizes, according to the Wall Street Journal.