According to Jinshi Data, although the number of IPOs in the United States this year has increased by more than 60% compared with 2023, it is still recovering from the Fed's interest rate hike. Clay Hale, co-head of equity capital markets at Wells Fargo, said market volatility could affect IPO demand.
Institutional data show that large transactions next year may exceed the $43 billion raised on U.S. exchanges this year. Kevin Foley, head of global capital markets at JPMorgan Chase, pointed out that although the market is close to historical highs and economic expectations are strong, uncertainties remain.