根据Dealogic的数据，美国IPO交易今年迄今共筹资747亿美元，较去年同期增长约80%。 "从我们的IPO脉搏指数来看，许多关键指标--包括利率下降、估值高企、投资者人气和消费者信心上 升--都指向正确的方向。因此，我们对明年年初快速启动有明确预期，并且对下半年的发展前景也十分 乐观，" 北京时间12月18日晚间消息，纳斯达克一位公司高管透露，纳斯达克预计明年首次公开发行（IPO）将 大幅增长，这主要得益于几家大型初创公司计划在未来几个月进入美国资本市场。 这一预测显示，随着企业和投资者逐渐走出美国总统特朗普的贸易政策和经济不确定性引发的近期市场 波动，市场对新股发行的信心可能回升，而新股发行是衡量经济健康状况的重要指标。 纳斯达克交易所运营商表示，截至12月18日，今年以来在纳斯达克上市的公司共筹集约466.5亿美元， 较去年同期增长了一倍多。该交易所运营商还表示，在这一年中，纳斯达克还吸引了包括沃尔玛在内的 22家公司从竞争对手纽约证券交易所转板而来，这些公司的总市值约为1.2万亿美元。 尽管受美国关税和10月份政府停摆的影响，市场出现波动，但今年的IPO活动仍然不错。展望未来，纳 斯达克全球上市业 ...

智通财经APP获悉，香港投资公司成立3年后首次披露投资表现，港投公司行政总裁陈家齐表示，受惠 于对首次公开发行（IPO）及生物科技企业的投资，港投公司2024年创造超过20亿港元投资收益。港投 公司于2022年成立，初始投资基金涉及620亿港元，截至去年底，已投放的资金不足20%。港投公司除 获得香港政府初始注资的620亿港元资金外，还从新资本投资者计划中获得约28亿港元新资金。 她续指，港投公司计划在未来一年以更有系统的方式，加大投资力度。现时投资基金透过四大组合进行 投资，投资范围涵盖科技及生物科技等行业共150家公司。 陈家齐指，港投公司的投资速度与回报，与设定的目标完全一致，当局需要在投资风险与投资速度之间 取得平衡。现时投资基金已进入第二阶段，正在寻找主权财富基金、退休基及企业等区域合作伙伴，进 行更大规模的投资，与此同时，东南亚及中东的投资者对投资中港企业深感兴趣。 陈家齐认为，未来投资基金的增长主要动力将来由生科企业，而基金内不少企业正探讨在港上市，或併 购的可能性，而两家在港上市的企业，为基金带来两至三倍的回报。 ...

Group 1 - Boyd Group Services (BGSI.US) plans to raise up to $780 million through an IPO, with a projected market capitalization of $3.8 billion [1][2] - The company operates over 1,000 service centers across 34 states in the U.S. and 5 provinces in Canada, providing collision repair, glass repair, replacement, and calibration services [1] - Boyd Group is in the process of acquiring Joe Hudson's Collision Center, a U.S. automotive repair chain [1] Group 2 - Headquartered in Winnipeg, Canada, Boyd Group was established in 1990 and reported revenue of $3.1 billion for the 12 months ending June 30, 2025 [2] - The company plans to list on the New York Stock Exchange under the ticker symbol BGSI, with the underwriting managed by several financial institutions [2] - The pricing terms for the IPO have not yet been disclosed, but the company has initiated a roadshow and expects to finalize the pricing on October 30, 2025 [2]

Group 1 - Boyd Group Services (BGSI.US) plans to raise up to $780 million through an IPO, with a projected market capitalization of $3.8 billion [1][2] - The company operates over 1,000 service centers across 34 states in the U.S. and 5 provinces in Canada, providing collision repair, glass repair, replacement, and calibration services [1] - Boyd Group is in the process of acquiring Joe Hudson's Collision Center, a U.S. automotive repair chain [1] Group 2 - Headquartered in Winnipeg, Canada, Boyd Group was established in 1990 and reported revenue of $3.1 billion for the 12 months ending June 30, 2025 [2] - The company plans to list on the New York Stock Exchange under the ticker symbol BGSI, with the underwriting managed by several financial institutions [2] - The pricing terms for the IPO have not yet been disclosed, but the company has initiated a roadshow, with the expected pricing date set for October 30, 2025 [2]

Core Viewpoint - German AI translation technology developer DeepL is considering an initial public offering (IPO) in the United States, potentially seeking a valuation of up to $5 billion [1] Group 1: IPO Considerations - DeepL has engaged in preliminary discussions with potential advisors regarding a U.S. IPO, which could occur as early as next year [1] - The company previously achieved a valuation of $2 billion during a funding round led by Index Ventures in May of last year [1] Group 2: Market Expansion - DeepL is looking to expand into the U.S. market due to significant growth opportunities and plans to establish a local office in 2024 [1] - The company currently serves over 200,000 enterprise customers and has millions of active users, both paid and free [1]

Core Insights - Emirates Global Aluminium (EGA) has selected banks to prepare for a potential initial public offering (IPO), which could become one of the largest listings in the Middle East [1] - The company is in discussions with Citigroup, Goldman Sachs, Emirates NBD Capital, and First Abu Dhabi Bank to lead the IPO transaction [1] - EGA faces multiple challenges, including the impact of U.S. tariffs on aluminum products [1] Company Strategy - To mitigate the impact of U.S. tariffs, EGA completed its first acquisition in the U.S. last year to secure duty-free aluminum supply [1] - The company plans to invest $4 billion in building a factory in Oklahoma [1] Market Context - The Middle East has become a hotspot for global IPOs, with several large listings in recent years [1] - Notable IPOs include Saudi Aramco raising $29.4 billion in 2019, Dubai Electricity and Water Authority raising $6.1 billion in 2022, and Talabat and OQ raising approximately $2 billion each through stock issuance last year [1]

Group 1: Chinese Stock and Equity-Linked Issuance - In the first half of 2025, Chinese companies raised a total of $56.6 billion in global capital markets through stock and equity-linked transactions, marking a 110% year-on-year increase and a 14% quarter-on-quarter increase [1] - The number of issuances increased by 30% compared to the same period in 2024, totaling 244 transactions, with a 15% increase in the second quarter compared to the first quarter [1] - Initial Public Offerings (IPOs) totaled $8.36 billion, reflecting a 44% year-on-year increase and a 22% quarter-on-quarter increase [1] - Follow-on offerings raised $35.49 billion, showing a 300% year-on-year increase and a 16% quarter-on-quarter increase [1] - Convertible bonds and equity-linked issuances amounted to $12.75 billion, with a 4% year-on-year increase and a 5% quarter-on-quarter increase [1] Group 2: Industry Performance - The industrial sector led with a 23% market share, raising $13.38 billion, which is a 206% increase compared to the same period last year [3] - Other sectors following the industrial sector include high technology, energy and power, healthcare, and telecommunications [3] Group 3: Underwriters and Legal Advisors - Goldman Sachs ranked first among underwriters for Chinese stock and equity-linked issuances in 2025 [6] - The top underwriters by issuance amount include Goldman Sachs, Morgan Stanley, CITIC Securities, and CICC [7] - Jingtian Gongcheng Law Firm ranked first among legal advisors for Chinese stock and equity-linked issuances [9] Group 4: Chinese Bond Market - The issuance of RMB bonds increased by 35% year-on-year, with a 22% quarter-on-quarter increase in the second quarter of 2025 [11] - Panda bond issuance decreased by 7% year-on-year but increased by 44% quarter-on-quarter [12] - In the first half of 2025, government and institutional bond issuance reached approximately 7.8 trillion RMB, accounting for 52% of the market share, with a 55% year-on-year increase [14] - CITIC Securities led the RMB bond underwriting rankings, while Industrial and Commercial Bank of China ranked first in Panda bond underwriting [17] Group 5: Syndicated Loans - Bank of China led the rankings for all currency syndicated and club loans as well as for all currency loan bookrunners [23] - The total amount of syndicated and club loans decreased by 35% year-on-year [24] - The market share for Bank of China in all currency loans was 62.3%, with a slight increase of 0.8% compared to the previous year [24]

Core Viewpoint - Chinese battery manufacturer CATL plans to conduct an IPO in Hong Kong, aiming to raise at least $4 billion with a discount of approximately 5% compared to its domestic stock price [1] Group 1: IPO Details - The IPO is scheduled for Monday, with CATL's stock closing at 248.27 yuan in Shenzhen on the previous Friday [1] - The company has secured around $2.6 billion from cornerstone investors prior to the book-building process [1] Group 2: Cornerstone Investors - Key cornerstone investors include the Kuwait Investment Authority (KIA) and Sinopec, each committing $500 million [1] - A company under Hillhouse Capital has pledged $200 million [1]