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Korea's IPO volume drops 66.6% y/y in 2018

2019-02-13 1 Dailymotion

지난해 IPO 규모 66.6% 감소한 2조6천120억원 집계<br /><br />The amount of initial public offerings among Korean businesses in general have sharply waned in 2018... but the number of venture capital firms that went public for the first time... has risen.<br />Data released by Korea's Financial Supervisory Service on Wednesday showed IPO volume has amounted to 2-point-3-billion U.S. dollars last year... a near 67-percent drop compared to the previous year.<br />The financial regulator says a slump in the local securities market overall with growing uncertainties in China-U.S. trade... was a decisive factor.<br />It added a special fast-track program for promising tech companies implemented in 2015... has helped increase the number of IPOs among venture capital firms... by enabling them to get listed in the country's second-tier bourse the KOSDAQ despite a net loss.

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