The key economic purpose of the capital markets is to give companies access to different sources of financing to grow their businesses. An initial public offering (IPO) is one of the main ways for a company to raise equity capital by using the primary public equity market. This publication provides an overview of key requirements that apply to IPOs and listings on stock market exchanges in the ASEAN 5 – Indonesia, Malaysia, Philippines, Singapore, and Thailand. It also includes distinctive factors and considerations for each jurisdiction. This is the Chinese language version of the publication.