THE ACE Market has been very hot in the past 12 months. There are clearly more initial public offerings (IPOs) that outperformed with steep increases in market caps and premiums at the opening prices than those that underperformed.
Out of 25 ACE Market listings, 20 of the companies’ shares trade above the IPO offer price today. This shows there has been great interest in ACE Market IPOs compared to past years.
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