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  • 7 years ago
The number of IPOs -- initial public offerings -- in South Korea dropped sharply in 2018... but the number of venture capital firms that went public for the first time went up.
Data released by Korea's Financial Supervisory Service on Wednesday showed IPO volume has amounted to 2-point-3-billion U.S. dollars last year... a near 67 percent drop compared to the previous year.
The financial regulator says a slump in the local securities market overall with growing uncertainties in China-U.S. trade... was a decisive factor.

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