Six IPOs this year, most trading below issue price: What this means for Singapore's market reforms
business
Channel NewsAsia reports that six IPOs launched in Singapore this year are mostly trading below their issue price. Analysts say this reflects thin liquidity and a global tilt toward AI stocks, rather than weakness in Singapore's push to revive its equity market.
Source: https://www.channelnewsasia.com/singapore/sgx-ipo-price-s...
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