In today’s briefing:
- What Is A “Growth Market” Where Many Companies Do Not Grow in Market Cap or Raise Capital?
What Is A “Growth Market” Where Many Companies Do Not Grow in Market Cap or Raise Capital?
- In addition to the large number of micro-caps among companies listed on the Growth Market, another problem is the lack of growth in market capitalization after IPOs.
- Many managers consider IPO to be the goal, and this is evidenced by the fact that not many companies raise capital at IPO and after listing.
- The government proposed raising the market capitalization criteria for IPOs and revitalizing the secondary market for pre-listed companies. TSE is likely to review its listing criteria as early as 2025.