Vietnamese companies eye the U.S. IPO market amid a lull in Chinese listings
Publishing timestamp: 2023-12-05 18:53:07
Summary
3) The article discusses the growing interest in IPOs from Asian companies outside of China, with a focus on Vietnam and Southeast Asia. It mentions VinFast's U.S. listing and the filing of Vietnamese tech unicorn VNG to list on Nasdaq. The article also highlights the challenges and risks associated with these listings, such as capital controls and regulatory uncertainties. Despite these challenges, there is optimism that more companies from Southeast Asia will reach the IPO stage in the next 12 to 18 months.
Sentiment: MIXED
Tickers: A6I-FF,
Keywords: mergers and acquisitions, stock markets, grab holdings ltd, vinfast auto ltd, market insider, business news, breaking news: markets, asia economy, markets,