Does Southeast Asia’s IPO surge in Q1 look like the last hurrah?

Does Southeast Asia’s IPO surge in Q1 look like the last hurrah?

IPO markets aren’t expected to rebound in the second quarter, but may see a pickup from the third quarter. Graphic: DealStreetAsia

Southeast Asia saw a burst of initial public offerings (IPOs) in the first quarter of the year, but for many regional markets, it looks like the last hurrah as the COVID-19 outbreak weighs on deal activity.

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