Southeast Asia's IPOs poised for rebound in 2025, but clouds loom

Southeast Asia's IPOs poised for rebound in 2025, but clouds loom

Bursa Malaysia. REUTERS/Olivia Harris

Southeast Asia’s equity capital markets reached a grim milestone in 2024, as IPO activity plunged to its lowest in nearly a decade, reflecting the headwinds battering global markets: high interest rates, volatile geopolitics and subdued investor confidence.