Overlooked IPO markets suddenly booming as China deals slow

Tech companies from India, South Korea and Southeast Asia have raised $8 billion from first-time share sales this year, already blowing past the previous annual peak. The tally is poised to get bigger with planned listings by companies including Indian fintech giant Paytm and Indonesian internet conglomerate GoTo. Investors are already boosting exposure to markets outside China, with some buying into IPOs from countries like India and Indonesia for the first time.

from Markets-Economic Times https://ift.tt/3yrsl6o