What’s going on? The global supply of publicly listed stocks (meaning the size of new shares issued, minus that of shares bought back) is shrinking at its fastest pace in at least 25 years (JPMorgan) What does this mean? Why should I care? The bigger picture: The situation is quite adverse Zooming out: Maybe staying private isn’t…
Tag: nasdaq
Ep 156: VNG’s rumor of an IPO in the US
What’s going on? Vietnam’s VNG Corp is considering going public in the US through SPAC. Founded in 2004 as a gaming firm, VNG’s products reach over 80m users. Its gaming arm develops and publishes its own titles and local versions of international hits such as PUBG Mobile. It also runs messaging app Zalo, e-wallet ZaloPay,…
with HT 