More SE Asia firms consider U.S. IPOs, filling void left by China peers

More SE Asia firms consider U.S. IPOs, filling void left by China peers

Several Southeast Asian companies are considering listing in the United States as Chinese firms have slowed down their IPOs in the U.S. due to political tensions and increased scrutiny from Beijing. Funding Societies, Gushcloud International, and Sunday, three Southeast Asian firms, are exploring the option of listing in New York. Additionally, VNG Corp and Hotel101 Global have also announced plans to list in the U.S. This shift is attributed to China’s reduced influence in the ASEAN region and the economic challenges faced by Chinese companies. ASEAN countries, including Thailand, Singapore, Malaysia, and Vietnam, are now attracting investor interest due to their strong economic growth and increasing population.

Southeast Asian firms have raised $101 million through U.S. IPOs this year, significantly lower than the $919 million raised last year. However, bankers expect the pace of IPOs to increase in the next 12 months as companies seek new sources of capital. In contrast, Chinese firms have raised $463.7 million through U.S. listings this year, a fraction of the amounts raised in 2021 and 2020. Analysts believe that Southeast Asia offers attractive investment opportunities for investors seeking exposure to emerging markets, given the region’s economic growth.

The U.S. offers several advantages for companies considering IPOs. Funding Societies and Gushcloud International highlight the deep pool of capital and global investor base available in the U.S. market. Sectors such as logistics, technology, mining, electric vehicles, and renewable energy are expected to see IPO activity in Southeast Asia. International investors recognize the value of diversifying their portfolios with Southeast Asian investments.

However, analysts caution that share volatility and stringent investor scrutiny could pose challenges for Southeast Asian listings. Vietnamese electric vehicle maker VinFast experienced significant volatility since its debut in August. Despite this, most U.S. investors are experienced in evaluating opportunities across different sectors. Southeast Asian companies may need to educate investors on country-specific factors that could impact their business.

In conclusion, Southeast Asian companies are increasingly considering U.S. IPOs as Chinese firms reduce their presence in the U.S. market. The region’s strong economic growth and attractive investment opportunities make it an appealing destination for investors. However, challenges such as share volatility and investor scrutiny need to be navigated carefully.

About News Team

Hi, I'm Alex Perez, an experienced writer with a focus on lifestyle and culture news. From food and fashion to travel and entertainment, I love exploring the latest trends and sharing my insights with readers. I also have a strong interest in world news and business, and enjoy covering breaking stories and events.

Have a tip we should know?

Most Read

  1. ARTS
    With a Vengeance and no Apologies, Art Basel Miami Beach Has Returned
    2 years ago
  2. Food
    Is Faux Turkey Finally Vegan-Approved for Thanksgiving?
    2 years ago
  3. News
    Pandora Papers Financial Leak Shows Us the Secrets of the World’s Rich and Powerful
    2 years ago
  4. Health
    US Supreme Court Rejects J & J TALC Cancer Case Appeal
    2 years ago
  5. Lifestyle
    9 Habits that Drain your Daily Focus and How to Avoid Them
    2 years ago
    Women’s Demand for Shapewear – the big Trends
    2 years ago
    Valentino Launches its Cosmetics Line
    2 years ago
  8. Business
    McDonald’s Sales Increase Amid COVID Restrictions
    2 years ago
  9. Health
    US Promises to Share 60 million Doses of AstraZeneca Vaccines
    2 years ago
  10. coronavirus
    UK Offers Aid Amid Surging COVID-19 Cases in India
    2 years ago
  11. Entertainment
    Nomadland Director Chloé Zhao, Wins the Best Director in 2021 Oscar
    2 years ago
  12. abandons
    Lego abandons effort to make oil-free bricks, Financial Times reports
    11 mins ago
  13. WORLD
    Canada House speaker apologizes for recognition of veteran who fought for Nazis
    12 mins ago
  14. Sports
    Wales march into quarter-finals, shove Wallabies toward exit
    12 mins ago
    Exclusive: Germany scraps plans for more stringent building standards to prop up industry
    1 hour ago
  16. Europe
    Ex-Goldman Sachs trader to lead Greece’s leftist Syriza party
    1 hour ago
  17. NFL
    Dolphins pour it on with 70-20 rout over Broncos
    1 hour ago
  18. WORLD
    France to pull troops out of Niger following coup
    2 hours ago

Follow @rushhourdaily: