(Bloomberg) — The market for initial public offerings in Sydney has been on a tear, with the amount of deals priced last month surpassing that in Hong Kong for the first time in over two years. Twenty companies raised a total of about $3.5 billion in Australia in October, the highest monthly value since November 2014. That compares with $732 million booked in three deals in Hong Kong, the lowest amount for a month since April 2020. Australia’s strong performance is likely to continue, as the fourth quarter is usually the busiest for IPOs in the country. Several big-ticket deals…