IPO (Initial Public Offering)

An IPO is the process by which a private company becomes publicly traded by offering its shares for sale on a stock exchange for the first time.

Notable Asian IPOs

• Alibaba (2014): $25B on NYSE — largest IPO at the time
• SoftBank Mobile (2018): $23.5B on TSE
• LG Energy Solution (2022): $10.8B on KRX — Korea's largest
• Hyundai India (2024): $3.3B on NSE — India's largest

Asian IPO Markets

Hong Kong and Shanghai are among the world's busiest IPO venues. Many Chinese tech companies dual-list in Hong Kong and mainland China.