对话纳斯达克副主席:中企仍有赴美上市意愿,期待迎接更多AI企业
第一财经·2025-11-14 14:17

Core Viewpoint - The article discusses the recovery of the global IPO market, with a focus on Nasdaq's role and its recent regulatory changes aimed at increasing the minimum fundraising requirements for listed companies [3][10]. Group 1: IPO Market Recovery - The IPO market has shown significant recovery this year, driven by various factors, with Asia being a major growth engine [4][5]. - 66 Chinese companies have gone public on Nasdaq this year, with most raising between $6 million and $7 million, indicating a sustained demand for listings from Chinese enterprises [3][5]. - The healthcare sector remains a strong area for IPOs, with biotech companies performing well in Hong Kong but still opting for Nasdaq listings [5][6]. Group 2: Regional Growth Dynamics - Nasdaq has seen a near doubling of Japanese IPOs this year, with 5-6 Japanese companies listed, while South Korea also shows a stable pipeline of companies [5]. - Approximately 120 companies from the Middle East are currently listed on Nasdaq, indicating a growing interest in the region [5]. - The competition among global exchanges is intensifying, with Nasdaq aiming to be the preferred platform for companies looking to go public [9]. Group 3: Regulatory Changes - Nasdaq proposed changes to its listing standards, including raising the minimum public float market value to $15 million from $5 million and increasing the minimum fundraising requirement for companies primarily operating in China to $25 million [10]. - These changes are part of Nasdaq's efforts to enhance market quality and address concerns over "inflated listings" [9][10]. Group 4: Focus on AI Companies - AI companies are a key focus for Nasdaq, with expectations that they will become significant contributors to future IPOs [6][7]. - OpenAI is rumored to be considering an IPO in the coming years, with its ChatGPT service nearing 1 billion users and generating substantial revenue [7]. - The demand for financing in the AI sector is growing, with major companies like Oracle and Meta planning significant bond issuances to support their capital expenditures [8].

对话纳斯达克副主席:中企仍有赴美上市意愿,期待迎接更多AI企业 - Reportify