TOKYO: A total of 102 companies are expected to list their shares on domestic stock exchanges in 2020, the highest number since the 2008 collapse of US investment bank Lehman Brothers, the Tokyo Stock Exchange has announced.
Although the novel coronavirus outbreak caused a series of setbacks for listings, the subsequent rapid rise in stock prices has provided a tailwind. This will be the first time since 2007 – when 121 companies went public – that the number of new listings exceeds 100.
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