top of page

SE Asia exchanges expect robust IPO activity in 2023

Southeast Asia’s exchanges could see some solid initial public offering (IPO) activity in 2023. Industry watchers said listings could pick up by the second quarter. Eng-Kwok Seat Moey, group head of capital markets at DBS Bank, said they expect to see this trend continuing into the new year as there are still several sizable IPOs waiting for the right window to launch. Tham Tuck Seng, capital markets leader at PwC Singapore, believes the market could be one to watch in 2023, amid expectations for greater political stability with the new government recently formed. Tham said the stock market has given them credit, in the sense that the stock market has gone up with the new government coming in. However, a gloomy outlook worldwide, fears of higher inflation, and recession risks are expected to weigh on market sentiment.


bottom of page