International IPO Weekly Winners & Losers
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International IPO markets showed mixed results this week, with the Renaissance International IPO Index down -0.9% and the ACWS ex-US ETF up +0.4%. Tokyo's JX Advanced Metals rose +22.7%, while Rakuten Bank fell -29.0%. Hong Kong's IPO market is set to resume with three listings in March. Upcoming IPOs include South Korean K Bank and Indian Clean Max. India's IPO activity is picking up, with several companies planning listings. Notable IPOs are also launching in Singapore and Hong Kong, including Syngenta's potential $10 billion IPO.
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