The US IPO market expects a recovery in 2025, but the new government may bring uncertainty.

Jinshi data, December 18 news, although the number of IPOs in the United States this year has risen by more than 60% compared to 2023, it is still recovering from a series of interest rate hikes by the Federal Reserve. Although the exact time for the recovery to normalcy is still under discussion, everyone’s focus is on 2025, as long as the new government’s policies do not pour cold water on it. Clay Heil, co-head of Capital Markets at Fuguo Bank, said, “The biggest risk is that it will bring unnecessary fluctuations to the entire market. When the market experiences fluctuations and investors focus on their portfolios, they are less likely to want new IPOs.” Data compiled by institutions shows that a series of large transactions next year may exceed the $43 billion raised in US exchange IPOs this year. Kevin Flie, global head of Capital Markets at JPMorgan, said that despite the market hovering near historic highs and expectations of a strong economic rise, some uncertainties still linger.