On December 29th, from the beginning of this year until December 29th, the A-share market has received a total of 55 IPO applications, of which 47 were accepted by the Beijing Stock Exchange, accounting for the majority, and a total of 8 were accepted by the Shanghai and Shenzhen Stock Exchanges. At the same time, over 400 companies’ IPOs have failed, reaching a new high in recent years. Currently, over 200 companies are still under review. Looking ahead to the IPO market in 2025, Tian Xuan, Dean of the National Institute of Finance at Tsinghua University and Chair Professor of Finance, believes that with the macroeconomic stabilization and gradual recovery of market confidence, coupled with the regulatory authorities’ phased effectiveness in managing market chaos and further optimization of the IPO review process, the IPO market is expected to enter a recovery period in stages and rhythmically. (First Financial)
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