隨著利率上漲放緩，IPO激增

隨著各國央行表示結束升息，首次公開發行(IPO)正強勁捲土重來。 Reddit 和 Astera Labs 最近的成功亮相奠定了積極的基調。美國和歐盟各行業的眾多潛在 IPO 候選企業即將上市，其中包括 Lineage Logistics、Golden Goose 和 Galderma。 Renaissance International IPO ETF 和 First Trust US Equity Opportunities ETF 等 ETF 提供近期和即將進行的 IPO 投資。

IPO Market Soars as Central Banks Signal Easing of Interest Rate Hikes

各國央行釋放升息訊號，IPO市場飆升

The initial public offering (IPO) market is experiencing a resurgence, with companies poised to tap into a more favorable investment environment. As central banks indicate a pause in interest rate hikes, the stock market has become an increasingly attractive avenue for investors seeking exits.

首次公開募股（IPO）市場正在復甦，各公司準備利用更有利的投資環境。隨著央行表示暫停升息，股市已成為投資者尋求退出的越來越有吸引力的途徑。

Reddit and Astera Labs Set a Positive Tone

Reddit 和 Astera Labs 樹立了積極的基調

Recent IPO debuts from internet giant Reddit and semiconductor company Astera Labs have set a bullish tone for the market. Reddit's shares surged by an impressive 48% on its first day of trading, while Astera's stock skyrocketed from $36 to $70 in its initial three sessions.

網路巨頭 Reddit 和半導體公司 Astera Labs 最近首次公開募股，為市場定下了看漲基調。 Reddit 的股價在首日交易中飆升了 48%，令人印象深刻，而 Astera 的股價在最初的三個交易日中從 36 美元飆升至 70 美元。

Upcoming IPO Candidates Abound

即將到來的 IPO 候選人比比皆是

Beyond Reddit and Astera Labs, a plethora of potential IPO candidates are on the horizon. Several notable companies have already filed, including enterprise data management software provider Rubrik and electronics safety and certification solutions firm UL Solutions. Rubrik's IPO is expected to value the company at $5.7 billion, while UL Solutions aims to raise over $1 billion.

除了 Reddit 和 Astera Labs 之外，還有大量潛在的 IPO 候選企業即將上市。幾家知名公司已經提交申請，包括企業資料管理軟體供應商 Rubrik 和電子安全和認證解決方案公司 UL Solutions。 Rubrik 的 IPO 預計將使公司估值達到 57 億美元，而 UL Solutions 的目標是籌集超過 10 億美元。

Other companies in various industries are also preparing for public offerings, including Lineage Logistics (cold storage), Ingram Micro (technology distribution), Novelis (aluminum products), Ibotta (grocery shopping app), Turo (peer-to-peer car rental), Marex Group (financial services), and Contineum Therapeutics (biopharmaceutical research).

各行業的其他公司也在準備公開發行，包括Lineage Logistics（冷藏）、Ingram Micro（技術分銷）、Novelis（鋁製）、Ibotta（雜貨購物應用）、Turo（點對點汽車租賃） 、Marex Group（金融服務）和Contineum Therapeutics（生物製藥研究）。

Investors seeking exposure to IPO potential can also invest in ETFs that track recent IPOs. The Renaissance International IPO ETF (ticker: IPOS) focuses on non-US IPOs, while the First Trust US Equity Opportunities ETF (ticker: FPX) provides access to the 100 largest US IPOs through the IPOX-100 US Index.

尋求 IPO 潛力的投資者還可以投資追蹤近期 IPO 的 ETF。 Renaissance International IPO ETF（股票代號：IPOS）專注於非美國 IPO，而 First Trust US Equity Opportunities ETF（股票代號：FPX）則透過 IPOX-100 US Index 提供投資 100 家最大的美國 IPO 的機會。

European IPO Market Thriving

歐洲IPO市場蓬勃發展

The IPO market is not only thriving in the US but also in Europe. Private equity firm Permira is preparing for an IPO of Italian luxury brand Golden Goose, renowned for its distinctive sneakers. The debut is anticipated within the next three months.

IPO市場不僅在美國蓬勃發展，在歐洲也同樣蓬勃發展。私募股權公司 Permira 正在為義大利奢侈品牌 Golden Goose 的 IPO 做準備，該品牌以其獨特的運動鞋而聞名。預計在未來三個月內首次亮相。

OLB Bank, backed by Apollo, is also gearing up for its public debut. Additionally, DKV Mobility, a fuel card provider in CVC's portfolio, is resuming its IPO plans after postponing them last year. CVC is expected to enter the market with an IPO exceeding €1 billion, potentially following the Easter holiday.

由 Apollo 支持的 OLB 銀行也正在為首次公開募股做準備。此外，CVC 投資組合中的加油卡供應商 DKV Mobility 在去年推遲後正在恢復其 IPO 計劃。 CVC 預計將在復活節假期後以超過 10 億歐元的 IPO 進入市場。

Europe has already experienced several successful IPOs this year. Tank gear manufacturer Renk has seen its shares nearly double since its debut on the Frankfurt Stock Exchange in February. This success has prompted accelerated IPO plans from Douglas (perfumery and cosmetics retailer) and Galderma (skincare products manufacturer).

歐洲今年已經經歷了多起成功的首次公開募股。自 2 月在法蘭克福證券交易所上市以來，坦克齒輪製造商 Renk 的股價幾乎翻了一番。這項成功促使 Douglas（香水和化妝品零售商）和 Galderma（護膚品製造商）加速了 IPO 計劃。

In Italy, 2i Rete Gas, the second-largest gas distribution operator controlled by F2i, is set to be listed. Market speculation also suggests the potential IPO of Prada, the iconic fashion house.

在義大利，F2i 控股的第二大天然氣分銷營運商 2i Rete Gas 即將上市。市場猜測還暗示標誌性時裝品牌普拉達 (Prada) 可能進行首次公開發行。

Galderma's Debut Inspires Confidence

高德美首次亮相激發信心

Two weeks ago, Swiss skincare company Galderma made a resounding debut, invigorating investor sentiment in European IPOs. The maker of cosmetic fillers and medical creams experienced an impressive 18% surge on its first day of trading.

兩週前，瑞士護膚品公司高德瑪 (Galderma) 首次亮相，提振了歐洲 IPO 的投資者情緒。這家化妝品填充劑和醫用霜製造商在首日交易中股價飆升 18%，令人印象深刻。

Galderma's successful IPO, which raised approximately 2 billion Swiss francs, injected confidence into the market. It signaled a renewed enthusiasm for newly listed firms and encouraged other companies to consider public offerings.

高德美成功首次公開募股，籌集了約20億瑞士法郎，為市場注入了信心。這標誌著對新上市公司的新熱情，並鼓勵其他公司考慮公開發行。

Conclusion

結論

The IPO market is poised to continue its strong momentum as central banks signal a halt to interest rate hikes. A favorable investment environment and a positive tone set by recent IPO debuts have created an opportune landscape for investors seeking growth opportunities. With a wide range of IPO candidates on the horizon and the European market gaining traction, 2023 and beyond promise to be an exciting time for the public offering market.

隨著央行發出停止升息的信號，IPO 市場預計將繼續保持強勁勢頭。有利的投資環境和近期首次公開募股的積極基調為尋求成長機會的投資者創造了有利的環境。隨著大量 IPO 候選企業的出現以及歐洲市場的吸引力不斷增強，2023 年及以後有望成為公開發行市場令人興奮的時刻。