Ngo-2020, iinkampani ezenze i-IPO ifumene imali engaphezulu kunawo nawuphi na unyaka, ngaphandle kwengxelo yentengiso yesitokhwe emva kokuba itsaliwe yinkampani yase-US itsalwa sisitokhwe soluntu kunye neefemu ezithile (i-Spac ) Yenziwe ukuba ifumane ezinye iinkampani ezinomdla kwi-IPOM Refloges.
Ngokutsho kwe-cistitiv, iinkampani kwihlabathi jikelele zitsalele phantse iibhiliyoni ezingama-300 zeedola ngexesha le-IPO, kubandakanya irekhodi $ 159 yezigidigidi eUnited States. Le boom ibandakanya ukungqubana kweenkampani ezithandwa kakhulu ze-teknoloji njengenkonzo yokuhanjiswa kwe-Doordashi njengenkonzo yokuqeshisa irente yexeshana, kunye nezidwelo ze-Airbnb, kunye noluhlu lwe-Spac efuna ukuthenga izabelo zezinye iinkampani kwaye zikhawuleze zirhoxise kwimakethi yesitokhwe.
Emva kokuwa ngo-Matshi, intengiso yase-US iphinda iphinde irekhode izabelo, kwaye ukuthenga abatyali-mali kuthenga izinto zokuba abathengi kunye neenkampani zifudukele emsebenzini ezinye iinkonzo zedijithali. Idale umhlaba ofanelekileyo ukuba uphume kwi-stock yotshintshiselwano lweenkampani ezinje ngekhephu okanye umboneleli we-Inforting Stocobooke kwi-Comphing Datch Actledy Loftware yeVidiyo yeVidiyo. UDavid Ludwig Ludwig uthi: "Izabelo zeenkampani eziye zenzekile ziyimfuno ezimangalisayo ezivela kuluhlu olubanzi lwabatyali-mali, intloko yeGoldman Sachs ISebe. Ngokukodwa banomdla kwizabelo zeenkampani kwicandelo leTekhnoloji ephezulu, amayeza kunye nokusebenzisa, uyabhala.
Abatyalomali bafikelela kwisigqibo sokuba i-Coronavirus iya kuba nemiphumo yexesha elide, ngakumbi iinkampani zetekhnoloji, ithi iJeffrey Bantel, intloko ye-Deutsche Bhanki yeBhanki. "Inene kukuba ezi nkampani zibaluleke kakhulu kwihlabathi. Abanye abasaziva bekhululekile, bephuma ngaphandle kwendlu, kwaye baya kuqhubeka noku-odola ukuhanjiswa kokutya, "utshilo.
I-custed malunga ne- $ 76 yezigidigidi eqokelelwe kuluhlu lwe-Spac, ubungakanani be-IPO e-United States nase-Ispala onyuswe ngaphezulu kwe-70% ethelekiswa ne-70% xa kuthelekiswa no-2019. Ithambeka yendawo yokuhlala eYurophu, ngokuchasene noko, yayiphantsi. Xa kuthelekiswa ngo-2019, yawa i-10% ukuya kwi-20.3 yezigidigidi (oku malunga nesiqingatha sesalathisi sika-2018).
Inkokeli yehlabathi enomdla kwimali yayingumqhubi wesantya esiphezulu saseBeijing-shanghai ($ 4.4 bhiliyoni), i-Snowflake ($ 3.8 yezigidigidi). Utyalomali kwi-Anian Ipos, owenze i- $ 73.4 bhiliyoni, inokuba ngaphezulu kakhulu ukuba inkampani ye-Ints yeqela ayifanelanga ukuba iyeke amabanjwa amaBala eTshayina.
Ikwandisile inani le-spac. Ukusukela ngo-Agasti, inani leendawo zabo zigqithile kwinani lendawo yokuhlala eUnited States (umzekelo, ngoDisemba - 39 ngokuchasene ne-21). Kulindelwe ukuba kwi-2021 IPO izakubamba iinkampani ezintsha zoluhlobo. Ekupheleni kukaDisemba, amaxwebhu e-Estnak aseSoftbank afakwa kwi-IPO ye-SPAC yakhe kwi-nasdaq. Iibhanki kwaye abatyali-mali ngoku balandelwa ukuba ngaba le nto iya kusasazeka ngaphandle kwe-United States, uJames Palmer, iNtloko yeMarike yaseYurophu yase-Elaphu, iya kusasazeka.
Abanye abatyali-mali baqala ukukhathazeka malunga nokubonakala kwezimpawu zebubble, ezichazwe kubandakanya ukonyuka okukhawulezileyo kwiikowuteshini ngomhla wokuqala wokurhweba emva kokubekwa, njengoko kwakunjalo ngo-2000. Umzekelo, e-Airbnb, batsiba nge-112%. Nangona kunjalo, uJohn Leonard, uMlawuli weZikhululo zeStot yeHlabathi yeHlabathi iMacquarie Macquarie, uyakholelwa ukuba, nangona kunjalo, ngokudibeneyo, ngoku banxulunyaniswa nengeniso eyomeleleyo. "Abantu abazami ukuvavanya inkampani kuphela kwingeniso ngawo okanye kumboniso," utshilo.
Iguqulelwe uVictor Davydov