Latest news with #GeorgeChan
Mint
03-08-2025
- Business
- Mint
Upcoming IPOs: JSW Cement IPO, Highway Infra IPO among 10 new public issues to open next week; check full list here
Upcoming IPOs: The IPO buzz in the primary market is all set to continue next week as ten new initial public offerings (IPOs), including two in mainboard and eight in SME segment, will be opening for subscription. Apart from new public issues, the market will also witness listings of twelve new IPOs, including NSDL IPO, Laxmi India Finance IPO, in the coming week. ' The realignment of the IPO market across regions and sectors reflects a deeper shift in global capital flows and investor sentiment. As markets recalibrate in real time, robust IPO readiness will be essential for companies to navigate short-term volatility while aligning their IPO strategies with long-term macro trends,' said George Chan EY Global IPO Leader. The IPO will open for subscription on August 5 and close on August 7. The price band is set at ₹ 65 to ₹ 70 per share. The IPO will open for subscription on August 7 and close on August 11. The price band is yet to be announced by the company. The SME IPO will open for subscription on August 4 and close on August 6. The price band is set at is ₹ 54 per share. The SME IPO will open for subscription on August 4 and will close on August 6. The price band is set at ₹ 71 to ₹ 75 per share. The SME IPO will open for subscription on August 4 and close on August 6. The price band is set at ₹ 110 to ₹ 116 per share. The SME IPO will open for subscription on August 4 and close on August 6. The IPO price band is set at ₹ 62 to ₹ 66 per share. The SME IPO will open for subscription on August 4 and close on August 6. The IPO price band is set at ₹ 160 to ₹ 170 per share. The SME IPO will open for subscription on August 4 and close on August 6. The IPO price band is set at ₹ 97 to ₹ 103 per share. The SME IPO will open for subscription on August 7 and close on August 11. The IPO price band is set at ₹ 114 to ₹ 120 per share. The SME IPO will open for subscription on August 8 and close on August 12. The price band is yet to announced by the company. NSDL IPO: The IPO will be list on BSE with a tentative listing date fixed as Wednesday, August 6. Aditya Infotech IPO: The IPO will be list on BSE, NSE with a tentative listing date fixed as Tuesday, August 5. Laxmi India Finance IPO: The IPO will be list on BSE, NSE with a tentative listing date fixed as Tuesday, August 5. Sri Lotus Developers IPO: The IPO will be list on BSE, NSE with a tentative listing date fixed as Wednesday, August 6. M&B Engineering IPO: The IPO will be list on BSE, NSE with a tentative listing date fixed as Wednesday, August 6. Umiya Mobile IPO: The SME IPO will be listed on BSE SME on August 4. Repono IPO: The SME IPO will be listed on BSE SME on August 4. Kaytex Fabrics IPO: The SME IPO will be list on NSE SME with a tentative listing date fixed as Tuesday, August 5. Takyon Networks IPO: The SME IPO will be list on BSE SME with a tentative listing date fixed as Wednesday, August 6. Mehul Colours IPO: The SME IPO will be list on BSE SME with a tentative listing date fixed as Wednesday, August 6. IPO: The SME IPO will be list on BSE SME with a tentative listing date fixed as Wednesday, August 6. Renol Polychem IPO: The IPO will be list on NSE SME with a tentative listing date fixed as Thursday, August 7. Cash Ur Drive Marketing IPO: The SME IPO will be list on NSE SME with a tentative listing date fixed as Thursday, August 7. Flysbs Aviation IPO: The SME IPO will be list on NSE SME with a tentative listing date fixed as Friday, August 8. Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Malaysian Reserve
17-07-2025
- Business
- Malaysian Reserve
H1 2025 global IPO activity shows resilience amid market volatility, says EY
The global IPO market recorded 539 listings raising US$61.4 billion in H1 2025, a 17% increase in proceeds year-over-year (YOY). Greater China now captures one-third of global IPO proceeds, while the US led with 109 IPOs, marking its strongest first-half performance since 2021. Cross-border listings reached record highs in H1 2025, with 62% of US listings by foreign issuers. LONDON, July 17, 2025 /PRNewswire/ — In the first half (H1) of 2025, the global IPO market demonstrated resilience with 539 listings raising US$61.4 billion in capital, reflecting a 17% increase in proceeds, YOY. Sustained IPO activity amid significant policy uncertainty and market volatility highlights the resilience of strategically positioned and well-prepared IPO companies and their ability to adapt in a shifting capital market landscape. Notably, Greater China has re-emerged as a dominant player, capturing one-third of all global proceeds, while Europe has seen its share decline to just 10%. The prevailing market conditions served as a defining characteristic of H1 2025, compelling many companies to rethink their exit strategies, and decide whether to stay private for longer or pursue listings with smaller float sizes. Cross-border IPO activity reached a record high in H1 2025, accounting for 14% of total global deal number. Geographic flows reveal a clear pattern: Greater China and Singapore have emerged as the dominant sources, while the US became the overwhelming destination of choice. George Chan, EY Global IPO Leader, says: 'The realignment of the IPO market across regions and sectors reflects a deeper shift in global capital flows and investor sentiment. As markets recalibrate in real time, robust IPO readiness will be essential for companies to navigate short-term volatility while aligning their IPO strategies with long-term macro trends.' Geographic realignment in the IPO landscapeThe first half of 2025 was characterized by significant geographic realignment in the IPO landscape. The US led the way with 109 IPOs, marking its strongest first-half performance since the 2021 peak. A significant rebound is underway in Greater China following years of market trough. In particular, Hong Kong has reclaimed its top global IPO exchange position by proceeds achieving a sevenfold increase YOY. Most major European markets have hit a pause since the market turmoil in early April, although Sweden contributed a mega IPO. Strong momentum persisted in the Middle East, while India also sustained elevated fund-raising levels despite a decline in deal number. Nuanced sector trends shaped by geopolitical dynamicsGeopolitical dynamics and national strategic priorities have played a crucial role in shaping the sectoral IPO landscape, driving opportunities at more granular levels. Industrial sector IPOs, especially in mobility, are benefiting from reshoring and supply chain localization. Energy IPOs are shifting toward strategic infrastructure, while defense tech is gaining traction amid rising global defense budgets. Life Sciences are attracting interest through biotech innovation. Technology remains foundational, with US and Japan leading in software IPOs and Greater China contributing hardware listings. Digital assets and fintech are gaining renewed momentum, with stablecoin pioneers among the players. Cautious optimism for H2 2025The global IPO market demonstrated resilience during the first half of 2025 while the outlook for the second half remains cautiously optimistic despite ongoing challenges. The potential for a global IPO market rebound hinges on more cooperative trade frameworks, accommodative monetary policy, controlled inflation and geopolitical de-escalation. Companies aligned with national priorities and innovation, and those able to present a credible equity story with realistic valuations and flexible timing, are likely to succeed in navigating this complex environment. For more insights, please refer to the EY Global IPO Trends report. Notes to Editors About EYEY is building a better working world by creating new value for clients, people, society and the planet, while building trust in capital markets. Enabled by data, AI and advanced technology, EY teams help clients shape the future with confidence and develop answers for the most pressing issues of today and tomorrow. EY teams work across a full spectrum of services in assurance, consulting, tax, strategy and transactions. Fueled by sector insights, a globally connected, multi-disciplinary network and diverse ecosystem partners, EY teams can provide services in more than 150 countries and territories. All in to shape the future with confidence. EY refers to the global organization, and may refer to one or more, of the member firms of Ernst & Young Global Limited, each of which is a separate legal entity. Ernst & Young Global Limited, a UK company limited by guarantee, does not provide services to clients. Information about how EY collects and uses personal data and a description of the rights individuals have under data protection legislation are available via EY member firms do not practice law where prohibited by local laws. For more information about our organization, please visit This news release has been issued by EYGM Limited, a member of the global EY organization that also does not provide any services to clients. About the data The data presented here is available on Q2 2025 refers to the second quarter of 2025 and covers completed IPOs from 1 April to 30 June 2025. Q2 2024 refers to the second quarter of 2024 and covers completed IPOs from 1 April to 30 June 2024. H1 2025 refers to the first half of 2025 and covers completed IPOs from 1 January 2025 to 30 June 2025. H1 2024 refers to the first half of 2024 and covers completed IPOs from 1 January to 30 June 2024. 2024 refers to the full calendar year and covers completed IPOs from 1 January 2024 to 31 December 2024. All data contained in this document is sourced from Dealogic, Mergermarket, S&P Capital IQ, LSEG and EY analysis unless otherwise noted. The Dealogic data in this report are under license by ION. ION retains and reserves all rights in such data. SPAC data are excluded from all data in this report, except where indicated. Sophie ZuriffEY Global Media Relations+ 1 917 331 Logo – View original content:
Yahoo
27-04-2025
- Business
- Yahoo
Is Reddit, Inc. (RDDT) the Best New Stock to Buy According to Billionaires?
We recently published a list of . In this article, we are going to take a look at where Reddit, Inc. (NYSE:RDDT) stands against other best new stocks to buy according to billionaires. International IPO activity during the first quarter of 2025 was characterized by profound uncertainty coming from geo-political shifts and the ever-changing tariff policies around the globe. According to an April 10, 2025 report by EY Global, the global IPO market remained steady year-over-year in terms of volume but grew 20% in terms of value. The first quarter of 2025 witnessed a total of 291 IPOs with a total value of $29.3 billion. Notably, the United States was a key player as it posted the third-strongest Q1 performance with a total of 59 listings. On the other hand, the Asia-Pacific market also showed signs of recovery and the EMEA region remained steady year-over-year. The current global macroeconomic environment has created both challenges and opportunities for the IPOs around the world. For instance, the tariff policies and the ongoing trade war have raised the expectations of inflation, casting uncertainty over the monetary policies. On the other hand, the geo-political tensions have led to increased budgetary spending around the world, thereby leading to a surge in investment in the Aerospace and Defence sector. The report by EY Global anticipates a surge in IPO activity for this segment. Moreover, the disruptive trends in artificial intelligence are allowing IPO candidates to enhance their market strategies and offerings using the technology. As per the report, AI technology has started to become an integral part of companies operating in the financial, health, and life sciences industries. While the United States market witnessed a 51% increase in the number of IPOs when compared to 2024, however, the future looks uncertain. George Chan, EY Global IPO Leader highlighted that the growth in IPO activity during the first quarter was on the back of an optimistic market outlook at the start of the year. However, currently, many companies who had planned their IPOs in the first or second quarter of the year have delayed their public offering to later quarters or 2026. Chan advised that it is important for investors to look for companies with unshakeable fundamentals, agility, and adaptability to steer with the uncertainty of the market. To curate the list of 10 best new stocks to buy according to billionaires we used the Finviz stock screener and Insider Monkey's Q4 2024 billionaire database. Using the screener we aggregated a list of companies that went public in the past 2 years. After sorting the list by market capitalization, we ranked each new stock in ascending order of the number of billionaire investors. We have also added the hedge fund sentiment around each stock. Please note that the data was recorded on April 25, 2025. Also, note that in cases where two or more stocks had an equal number of billionaire investors we used market capitalization as a tie-breaker. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A person using a tablet device to interact with personalized content on a social platform. Reddit, Inc. (NYSE:RDDT) is an international social platform that operates on user-driven communities. The platform allows users to join and create communities of their interest and interact with like-minded people. There are more than 100,000 active communities that attract more than 100 million daily active users. During the fiscal fourth quarter of 2024, Reddit, Inc. (NYSE:RDDT) delivered a robust performance characterized by revenue and user growth. The revenue of the company grew 71% year-over-year to reach $427.7 million. The revenue growth was aided by the advertisement revenue which also grew 60% to reach $394.5 million. The company has been trying to make the platform more accessible internationally, to do this it launched a machine translation feature that can translate content in 8 languages. In addition, Reddit, Inc. (NYSE:RDDT) is also leveraging AI to enhance customer experience, during the quarter, the company launched a beta version of Reddit Answers which allows users to summarize the discussions using AI. On April 17, Truist Financial analyst Youssef Squali maintained a Buy rating on the stock. It is one of the best new stocks to buy according to billionaires. Munro Global Growth Small & Mid Cap Fund stated the following regarding Reddit, Inc. (NYSE:RDDT) in its : 'Key contributors to performance over the quarter were Reddit and AppLovin (see stock story on page 5). Reddit, Inc. (NYSE:RDDT) delivered a strong set of results, demonstrating impressive revenue growth and expanding operating margins. As the world grapples with misinformation and AI-generated content, we continue to view Reddit's position as a unique platform hosting the largest volume of human conversations globally becoming increasingly valuable.' Overall, RDDT ranks 2nd on our list of best new stocks to buy according to billionaires. While we acknowledge the potential of RDDT to grow, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than RDDT but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: and . Disclosure: None. This article is originally published at .
Yahoo
27-04-2025
- Business
- Yahoo
GE Vernova Inc. (GEV): The Best New Stock to Buy According to Billionaires
We recently published a list of . In this article, we are going to take a look at where GE Vernova Inc. (NYSE:GEV) stands against other best new stocks to buy according to billionaires. International IPO activity during the first quarter of 2025 was characterized by profound uncertainty coming from geo-political shifts and the ever-changing tariff policies around the globe. According to an April 10, 2025 report by EY Global, the global IPO market remained steady year-over-year in terms of volume but grew 20% in terms of value. The first quarter of 2025 witnessed a total of 291 IPOs with a total value of $29.3 billion. Notably, the United States was a key player as it posted the third-strongest Q1 performance with a total of 59 listings. On the other hand, the Asia-Pacific market also showed signs of recovery and the EMEA region remained steady year-over-year. The current global macroeconomic environment has created both challenges and opportunities for the IPOs around the world. For instance, the tariff policies and the ongoing trade war have raised the expectations of inflation, casting uncertainty over the monetary policies. On the other hand, the geo-political tensions have led to increased budgetary spending around the world, thereby leading to a surge in investment in the Aerospace and Defence sector. The report by EY Global anticipates a surge in IPO activity for this segment. Moreover, the disruptive trends in artificial intelligence are allowing IPO candidates to enhance their market strategies and offerings using the technology. As per the report, AI technology has started to become an integral part of companies operating in the financial, health, and life sciences industries. While the United States market witnessed a 51% increase in the number of IPOs when compared to 2024, however, the future looks uncertain. George Chan, EY Global IPO Leader highlighted that the growth in IPO activity during the first quarter was on the back of an optimistic market outlook at the start of the year. However, currently, many companies who had planned their IPOs in the first or second quarter of the year have delayed their public offering to later quarters or 2026. Chan advised that it is important for investors to look for companies with unshakeable fundamentals, agility, and adaptability to steer with the uncertainty of the market. To curate the list of 10 best new stocks to buy according to billionaires we used the Finviz stock screener and Insider Monkey's Q4 2024 billionaire database. Using the screener we aggregated a list of companies that went public in the past 2 years. After sorting the list by market capitalization, we ranked each new stock in ascending order of the number of billionaire investors. We have also added the hedge fund sentiment around each stock. Please note that the data was recorded on April 25, 2025. Also, note that in cases where two or more stocks had an equal number of billionaire investors we used market capitalization as a tie-breaker. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). Copyright: areeya / 123RF Stock Photo GE Vernova Inc. (NYSE:GEV) is a global energy technology company that specializes in developing technologies that support the creation of sustainable electric power. The company operates through three main business segments including Power, Wind, and Electrification. The company came into being after being spun off from General Electric in April 2024. On April 24, William Blair analyst Jed Dorsheimer reiterated his Buy rating on the stock. The analyst rating is backed by the strong market position and growth potential of the company. It exceeded market expectations in fiscal Q1 2025 and has reaffirmed its guidance for the next year. This is particularly notable due to the tariff impact. Moreover, Dorsheimer noted that while the demand for power and electrification remains robust, the company has already sold out its gas turbine slots through 2028, whereas, the orders are extending to 2030. This gives the company a significant growth runway. GE Vernova Inc. (NYSE:GEV) released its Q1 2025 results on April 23. It grew its orders by 8% year-over-year to reach $10.2 billion. This growth was driven by the Power segment, with Power-related orders growing 28% organically. The company has a strong backlog of $4.4 billion, with 29 gigawatts of Gas Power equipment in the backlog. It is the best new stock to buy according to billionaires. Artisan Global Opportunities Fund stated the following regarding GE Vernova Inc. (NYSE:GEV) in its : 'Notable adds in the quarter included GE Vernova Inc. (NYSE:GEV) and Oracle. GE Vernova is the power, wind and electrification spinoff from the former GE conglomerate. The company benefits from large global market shares across its businesses, high barriers to entry and a substantial installed base that generates multiyear service revenue streams. Now that the company is standing on its own, we believe it is in the early innings of a turnaround story while benefiting from an attractive underlying demand environment. As the world continues to decarbonize, the resulting need for power, wind and electrification equipment is poised to drive attractive growth over the coming years. Our work on AI data center growth and electrification implications strengthened our conviction in GE Vernova in the quarter, particularly its natural gas business, which we believe will need to act as a bridge fuel as technology companies try to balance AI data center growth with decarbonization targets.' Overall, GEV ranks 1st on our list of best new stocks to buy according to billionaires. While we acknowledge the potential of GEV to grow, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than GEV but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: and . Disclosure: None. This article is originally published at .
Yahoo
27-04-2025
- Business
- Yahoo
SharkNinja, Inc. (SN): Among the Best New Stocks to Buy According to Billionaires
We recently published a list of . In this article, we are going to take a look at where SharkNinja, Inc. (NYSE:SN) stands against other best new stocks to buy according to billionaires. International IPO activity during the first quarter of 2025 was characterized by profound uncertainty coming from geo-political shifts and the ever-changing tariff policies around the globe. According to an April 10, 2025 report by EY Global, the global IPO market remained steady year-over-year in terms of volume but grew 20% in terms of value. The first quarter of 2025 witnessed a total of 291 IPOs with a total value of $29.3 billion. Notably, the United States was a key player as it posted the third-strongest Q1 performance with a total of 59 listings. On the other hand, the Asia-Pacific market also showed signs of recovery and the EMEA region remained steady year-over-year. The current global macroeconomic environment has created both challenges and opportunities for the IPOs around the world. For instance, the tariff policies and the ongoing trade war have raised the expectations of inflation, casting uncertainty over the monetary policies. On the other hand, the geo-political tensions have led to increased budgetary spending around the world, thereby leading to a surge in investment in the Aerospace and Defence sector. The report by EY Global anticipates a surge in IPO activity for this segment. Moreover, the disruptive trends in artificial intelligence are allowing IPO candidates to enhance their market strategies and offerings using the technology. As per the report, AI technology has started to become an integral part of companies operating in the financial, health, and life sciences industries. While the United States market witnessed a 51% increase in the number of IPOs when compared to 2024, however, the future looks uncertain. George Chan, EY Global IPO Leader highlighted that the growth in IPO activity during the first quarter was on the back of an optimistic market outlook at the start of the year. However, currently, many companies who had planned their IPOs in the first or second quarter of the year have delayed their public offering to later quarters or 2026. Chan advised that it is important for investors to look for companies with unshakeable fundamentals, agility, and adaptability to steer with the uncertainty of the market. To curate the list of 10 best new stocks to buy according to billionaires we used the Finviz stock screener and Insider Monkey's Q4 2024 billionaire database. Using the screener we aggregated a list of companies that went public in the past 2 years. After sorting the list by market capitalization, we ranked each new stock in ascending order of the number of billionaire investors. We have also added the hedge fund sentiment around each stock. Please note that the data was recorded on April 25, 2025. Also, note that in cases where two or more stocks had an equal number of billionaire investors we used market capitalization as a tie-breaker. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A close up of a consumer electronic product with the company's logo on the product label. SharkNinja, Inc. (NYSE:SN) is an international product design and technology company that specializes in lifestyle solutions for consumers. It is known for its aggressive innovative strategy that disrupts new product categories with innovative designs. The company operates through two major brands namely, Shark and Ninja, and has more than 31 household subcategories. On April 11, Alexander Perry from Bank of America Securities maintained a Buy rating on the stock with a price rating of $120. The analyst noted that SharkNinja, Inc.'s (NYSE:SN) point of sale data shows significant year-over-year growth, with no signs of slowing down. On top of this, the company can gain market share and has been outperforming market growth. Moreover, the company has mitigated the risks of tariffs on China and Southeast Asia by strategically shifting its production to other regions. During the fiscal fourth quarter of 2024, SharkNinja, Inc. (NYSE:SN) increased its net sales by 29.7% to reach $1.79 billion. This was driven by growth across four main categories including Cleaning Appliances, Cooking and Beverage Appliances, Food Preparation Appliances, and Beauty and Home Environment Appliances. Notably, the gross profit of the company increased 34.8% year-over-year to reach $839.5 million. Looking ahead, management anticipates to grow its net sales by 10% to 20% year-over-year. It is one of the best new stocks to buy according to billionaires. Munro Global Growth Small & Mid Cap Fund stated the following regarding SharkNinja, Inc. (NYSE:SN) in its : 'SharkNinja, Inc. (NYSE:SN) contributed -34bps to Fund performance for the quarter. SharkNinja, based in Needham Heights, Massachusetts, is a leading designer and marketer of electrical household appliances. Overall, SN ranks 3rd on our list of best new stocks to buy according to billionaires. While we acknowledge the potential of SN to grow, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than SN but that trades at less than 5 times its earnings, check out our report about this . READ NEXT: and . Disclosure: None. This article is originally published at .
