Posted 4/14/2024, 10:00:00 AM
Asia Leads Global IPO Boom While Western Markets Shrink
- London and Wall Street stock markets are shrinking rapidly, with far fewer listed companies now than 25 years ago
- Despite strong economic growth, the US has seen stocks outside the big tech giants perform poorly
- India is experiencing an IPO boom, with over 180 listings in 2022 and many more planned for 2023
- China has also doubled its listed companies in the past decade, with more big names coming
- Asia-Pacific hosted over 700 IPOs in 2022, raising over $73 billion - more than half the global total