Group 1 - The attractiveness of the UK stock market for companies and investors is declining, with IPO financing in London dropping from £300 million to £160 million in the first half of the year, marking a 30-year low [1] - Several companies that could have chosen to list in London are opting for other markets, such as Cobalt Holdings and Shein, which have canceled their London IPO plans in favor of Hong Kong [1] - Notable companies already listed in London, like Wise and AstraZeneca, are considering relocating their primary listings to New York, raising concerns among investors in London [1] Group 2 - The valuation disadvantage of the London market compared to Wall Street is diminishing its financing appeal, with the FTSE 100 index's price-to-earnings ratio at approximately 16.6, significantly lower than the S&P 500's 27.2 [2] - The UK government's Labour Party has proposed reforms to boost the London market, including simplifying listing requirements, but there has been no significant change in capital flow trends according to the CEO of the London Stock Exchange Group [2]
资本吸引力减弱,伦敦IPO融资创30年新低