Taiwan's IPOs Shine in First Half of the Year with Double Fundraising

Reported 7 months ago

In a report released by Ernst & Young on June 13, 2024, it's revealed that Taiwan had a total of 27 companies listed in the first half of the year, raising a total of NT$184.02 billion, a 123% increase compared to the same period last year. The boost was largely attributed to the biotech and medical industry's fundraising of NT$5.224 billion. The report also predicts that AI, energy, biotech, technology, and green energy sectors will be the main forces driving Taiwan's IPO market in the near future.

Source: YAHOO

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