John Tuttle, Vice Chairman of the New York Stock Exchange, said in a recent interview that initial public offering (IPO) activity is expected to rebound in 2024 as borrowing costs fall and stock market volatility eases. The following day, while attending a World Economic Forum seminar in Switzerland, John Tuttle noted that the number of companies that raised capital via IPOs on the NYSE last year was the lowest since 2016, mainly due to factors such as the Federal Reserve's interest rate hikes and global economic uncertainty. However, he predicted that new stock listings would improve this year, but might not reach the levels seen in 2020 or 2021. Tuttle said he is confident that companies across various industries and regions are more actively seeking listings on the NYSE, noting that companies planning to go public are already prepared and will submit their listing applications as soon as market conditions improve. He also mentioned that the November general election may have a certain impact on new stock listing activities, and it is expected that there will be an activity window before the election and in the late summer after the election. © 2021 Meishun (Hong Kong) Management Consulting Co., Ltd. and Meishun (Hangzhou) Management Consulting Co., Ltd. All rights reserved. Meishun Meiyin (Hangzhou) Consulting and Management Co., Ltd. is the domestic subsidiary of Hong Kong Meishun Management Consulting Co., Ltd. under the same actual controller. The two companies share the same ultimate controlling party, are managed in accordance with the One China principle, and comply with the laws of Hong Kong and mainland China.