IPO Market Nearly Paused, but Exchange Leaders Expect 2023 Boost

Reuters2022-12-02

NEW YORK (Reuters) - A global slowdown in initial public offerings due to heightened market volatility and a regulatory cloud over new listings from China has created pent up demand that could lead to...

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Comments

Razak Abdullah
2022-12-02
Razak Abdullah
Great ariticle, would you like to share it?
Pepermintpat
2022-12-02
Pepermintpat
Ok
KW1
2022-12-02
KW1
Ok like
- hkwan:
  k
GoodLife99
2022-12-02
GoodLife99
IPO market activity will return very quickly in the new year. HOPEFULLY!
ShawnKoh1
2022-12-02
ShawnKoh1
Ok
- ShawnKoh1:
  ok
Kat1407
2022-12-02
Kat1407
🤔
- YS21:
  a

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The reason these aren't coming to market is because of all the volatility in the market.\"Volatility has been heightened since the beginning of the pandemic by a large increase in electronic trading driven by algorithms, which has led to faster and larger volume spikes than were seen even five years ago, LSEG Group Chief Executive David Schwimmer said on Thursday.There are about 200 companies currently waiting to go public on the Nasdaq, which is below the range of 250-300 over the past few years, Nasdaq Inc CEO Adena Friedman said on Wednesday.The IPO market has gone \"on almost a pause\" as investors wait for clarity around the extent to which interest rates are going to rise, she said.\"We are hopeful that the second half of '23 becomes an opportunity for companies to get out, but I would expect a quiet first half,\" she said.Increased scrutiny over the accounting practices of Chinese companies listing in the United States has been another factor in the slowdown in IPOs.Nasdaq postponed the IPOs of several small Chinese companies in October as it investigated short-lived rallies following the IPOs of such companies, while earlier in the year, five Chinese state-owned enterprises whose audits have been under scrutiny by U.S. regulators delisted from the NYSE.The NYSE's Martin said a potential deal between U.S. and Chinese authorities over allowing U.S. audits of China-based firms appeared promising.IPO proceeds at Hong Kong Exchanges and Clearing Ltd (HKEX) are on track to be at their lowest level in a decade, hurt by China's economic slowdown, a sweeping regulatory crackdown that has tightened scrutiny over companies' fundraising outside mainland China, and geopolitical tensions.There are around 100 companies in HKEX's pipeline, many of which are waiting for market sentiment to improve so that their valuations are higher when they come to market, HKEX Chairman Laura Cha told  the  Reuters NEXT conference on Wednesday.\"I am quite confident that the IPO market activity will return very quickly in the new year,\" she said.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9965218425,"gmtCreate":1669957537867,"gmtModify":1676538278414,"author":{"id":"4132805076588822","authorId":"4132805076588822","name":"Razak Abdullah","avatar":"https://community-static.tradeup.com/news/default-avatar.jpg","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"4132805076588822","authorIdStr":"4132805076588822"},"htmlText":"Great ariticle, would you like to share it?","listText":"Great ariticle, would you like to share it?","text":"Great ariticle, would you like to share 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market activity will return very quickly in the new year. HOPEFULLY!","listText":"IPO market activity will return very quickly in the new year. HOPEFULLY!","text":"IPO market activity will return very quickly in the new year. HOPEFULLY!","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9965231677","repostId":2288840759,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9965687176,"gmtCreate":1669945278796,"gmtModify":1676538275281,"author":{"id":"3570598542159923","authorId":"3570598542159923","name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","vip":1,"crmLevel":4,"crmLevelSwitch":0,"idStr":"3570598542159923","authorIdStr":"3570598542159923"},"htmlText":"Ok","listText":"Ok","text":"Ok","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":3,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9965687176","repostId":2288840759,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":105032741,"gmtCreate":1669945288885,"gmtModify":1669945302424,"authorId":3570598542159923,"author":{"id":3570598542159923,"idStr":"3570598542159923","authorId":3570598542159923,"name":"ShawnKoh1","avatar":"https://static.tigerbbs.com/0045c4894f8a2755b17a9e8518df4d5e","vip":1,"crmLevel":4,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9965687176,"type":1,"supId":0,"prevId":0,"content":"ok","text":"ok","html":"ok"}],"langContent":"EN"},{"id":9965688989,"gmtCreate":1669944566741,"gmtModify":1676538274941,"author":{"id":"3582625691580593","authorId":"3582625691580593","name":"Kat1407","avatar":"https://static.tigerbbs.com/dac8ff3d2cbfdc531bedb6bc4b6c49c9","vip":1,"crmLevel":2,"crmLevelSwitch":0,"idStr":"3582625691580593","authorIdStr":"3582625691580593"},"htmlText":"🤔","listText":"🤔","text":"🤔","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":5,"commentSize":1,"repostSize":0,"link":"https://ttm.financial/post/9965688989","repostId":2288840759,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"comments":[{"id":105044515,"gmtCreate":1670022203005,"gmtModify":1670022215848,"authorId":3583020857983441,"author":{"id":3583020857983441,"idStr":"3583020857983441","authorId":3583020857983441,"name":"YS21","avatar":"https://static.tigerbbs.com/9f33a20b9aa9fc9d5b70eb4eb2b94b0e","vip":1,"crmLevel":2,"crmLevelSwitch":0,"individualDisplayBadges":[]},"repliedAuthorId":0,"objectId":9965688989,"type":1,"supId":0,"prevId":0,"content":"<u>a</u>","text":"<u>a</u>","html":"<u>a</u>"}],"langContent":"EN"}],"isCommentEnd":false,"newsSizeData":{"likeSize":83,"commentSize":6,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2288840759"}