[SINGAPORE] Initial public offering (IPO) activity across South-east Asia remained subdued in the first half of 2025 amid ongoing geopolitical and macroeconomic uncertainty, but market observers say signs of recovery are emerging for H2. The number of IPOs on major South-east Asian exchanges – in Indonesia, Malaysia, Singapore, Thailand, the Philippines and Vietnam – declined compared to the same period last year. Based on a recent Deloitte report, 53 listings were recorded in H1 2025, down from 67 (*see amendment note) in H1 2024. Ben Charoenwong, associate professor of finance at Insead, told The Business Times that the slowdown was driven not only by a reduced appetite to list but also by a widening valuation gap, fuelled by tariff uncertainty and global trade tensions. https://www.businesstimes.com.sg/international/asean/south-east-asias-ipo-market-shows-signs-revival-after-subdued-h1 (ICE SINGAPORE)

Fonte notizia: The Business Times, 23 July 2025