IPO fundraising in Southeast Asia nearly half of 2021 so far this year

Funds raised across 136 initial public offerings (IPOs) in Southeast Asia in roughly the first 11 months of 2022 were 52% lower at $6.3 billion compared with a record $13.3 billion raised from 152 IPOs in the whole of 2021, according to data from accounting and advisory services firm Deloitte.