SE Asia IPOs this year buck the global downtrend, but tech listings take a back seat

SE Asia IPOs this year buck the global downtrend, but tech listings take a back seat

FILE PHOTO: A worker wearing a protective mask cleans the floor near an electronic board displaying the stock market index at the Indonesia Stock Exchange (IDX), as the outbreak of the coronavirus disease (COVID-19) continues, in Jakarta, Indonesia, September 8, 2020. REUTERS/Willy Kurniawan

Initial public offerings are on the rise at Southeast Asian stock exchanges.