World's top 3 IPOs in 2023 come from Germany, China: EY

BERLIN, Feb. 8 (Xinhua) -- The world's three largest initial public offerings (IPOs) in 2023 so far came from Germany and China, according to an analysis published by the consulting firm Ernst & Young (EY) on Wednesday.

The proceeds from the stock market debut of German web hosting company IONOS Group SE on Wednesday are expected to be 447 million euros (480.6 million U.S. dollars). This was the largest IPO globally so far this year, according to EY.