Asia's prominence in the new listing arena is set to grow further this year, with London already having lost ground, according to a survey revealing that nearly three-quarters of US capital markets bankers expect the region to be the most popular for new US listings this year.

According to the report published yesterday by US consultancy BDO, 36% of those polled think Hong Kong will be the most popular non-US exchange for initial public offerings, followed by Shanghai with 27% of the vote. Both exchanges beat London into third place, with just 16% opting for the UK capital.