With an initial public offering queue that includes a potential float of some assets by the world’s most-valuable start-up ByteDance and the listing of its short-video rival Kuaishou Technology, 2021 is shaping up to be a bonanza for Asian share sales.

It could even, some bankers say, beat 2020’s pandemic-defying year of sizzling IPOs. “2021 is shaping up to be as busy, if not busier, than 2020, with many of the same themes we saw this year driving issuance,” said William Smiley, co-head of equity capital markets for Asia ex-Japan at Goldman Sachs Group.

“From a sector perspective, we expect health care and TMT to remain active, as well as consumer retail, driven by secular growth in mainland China,” he said.

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