London eyes more Chinese IPOs amid the city's listing slowdown
Written by Emily J. Thompson, Senior Investment Analyst
Source: SeekingAlpha
London's IPO Market Challenges: London is aiming to attract more Chinese companies for IPOs as it faces a significant decline in new listings due to economic uncertainty and high-interest rates.
Recent Listing Withdrawals: Notable companies like Cobalt Holdings and Shein have either abandoned or stalled their plans for a London listing, with Shein considering Hong Kong instead.
Analyst Views on EWU
Wall Street analysts forecast EWU stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for EWU is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
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Current: 45.160
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Current: 45.160
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
