Asian firms up roadshow time spent in local region
Asian listed companies are choosing to spend more time on roadshows in their home region, according to findings from the latest IR Magazine Global Roadshow Report.
Each year, IR Magazine surveys several hundred listed companies and asks them where they have traveled on a roadshow over the last 12 months. Asia-based respondents normally show a strong inclination for heading to European and North American locations, given the established investment centers in those regions.
The latest findings, however, suggest Asian cities are becoming a higher priority for Asia’s corporates: in the most recent report, Asian cities make up five of the top 10 most-visited locations, compared with three the year before. This trend is likely to continue as Asia’s investment centers grow in both size and maturity over the coming years.
‘Singapore is a multi-faceted city with varied types of investors,’ says one survey respondent, a small-cap industrials company listed in Hong Kong. ‘This can enable us to target more long-term investors.’
Source: IR Magazine
