Reference Message Network reported on April 5. According to a report on the Financial Times website on April 4, sources said that Trump's radical tariff policy has disrupted global financial markets, and several IPO plans in the United States have been postponed, including Klarna, a fintech company planning to raise $15 billion, and Medline, a medical technology company planning to raise $50 billion.
A source said that Klarna, which operates "buy now, pay later" business, Medline, supported by private equity, and StubHub have suspended their planned listings due to market volatility. All these companies have filed stock listing plans in recent months.
The report stated that after three years of a new share drought caused by high interest rates, the US IPO market showed signs of recovery in recent weeks. Earlier this month, CoreWeave, a data center operator, submitted an application for what would be the largest tech IPO since ARM Holdings went public in 2023.
However, market volatility triggered by Trump's tariff announcement has crushed equity assets, forcing many companies that originally hoped to go public to stay on hold. This is in stark contrast to the beginning of the year when many bankers said they expected a boom in the IPO market during the seemingly pro-business Republican administration. (Translated by Cao Weiguo)
Original article: https://www.toutiao.com/article/7489805453543686692/
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