EY IPO Report: Taiwan Raised Funds Double to NT$18.4 Billion in First Half of the Year

Reported 7 months ago

EY released the '2024 First Half IPO Report' on June 13, revealing that 27 companies in Taiwan went public or listed in the first half of the year, raising over NT$18.4 billion, marking a 123% increase from the same period last year. Despite a global slowdown in IPO activities, Taiwan's capital market performed impressively. Biotech and medical industries led the fundraising with NT$5.224 billion, while sports and leisure and automotive industries also raised substantial amounts. EY expects continued growth in Taiwan's IPO market, especially in sectors like biotech, technology, and green energy.

Source: YAHOO

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