LONDON: The days of a huge first-day share pop may be coming to an end for London initial public offerings (IPOs).
From this week, bankers managing IPOs in the UK face new rules designed to reduce their influence after a series of high-profile stock sales that were perceived as mispriced. The key issue is giving stock buyers and neutral analysts enough time with financial information to think about what the true price should be.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!