Davos 2024: Investors expect a calm market, but they believe that the top companies will be able to go to an IPO
Experts expect a number of promising companies to the market in 2024. This was told by Deputy Chairman of the New York Stock Exchange John Tattle, - Euronews reports.
According to the results of the World Economic Forum in Davos, which ended the other day, John Tattle shared his mood among companies, and how the global background can affect the primary placement of shares of new companies (IPO) this year.
“Even in Davos, where world leaders gather, many say that the market will be calm in the year of election in the USA. I do not agree with this. I think that there will be fewer opportunities for an IPO, but quality companies will be able to enter the market when they will be ready. And in 2024 there are a lot of such companies,” Deputy Chairman of the New York Stock Exchange said.
This year, the forum in Davos was marked by the presence of China as part of the largest delegation since 2017. Prime Minister Lee Tsyan said that China is open to business and is ready to cooperate with the international community. Thus, he intends to attract investments after pandemia and the growth of geopolitical tension. This is a clear signal that the country wants to restore its status of the leading world power.
India also made great attention, which strengthened its presence on the forum. Today, India is considered a fast -growing innovative country and a global business center with great potential. The presence in Davos of companies related to artificial intelligence was inevitable. This technology is becoming more important in the world economy, and the companies that develop it have great growth prospects.
Recall that the World Economic Forum in Davos is a Swiss non -governmental organization, the most famous for the organization of annual meetings in Davos. Leading business leaders, political leaders, prominent thinkers and journalists are invited to meetings. The subject of discussion is the most acute world problems.
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