EY安永：2025年第一季度全球IPO趋势报告：在不确定性中探寻方向（英文版）

Global IPO markets in the first quarter of 2025 have been marked by profound uncertainty, as two major market disruptions and a series of complex crosscurrents shape investor sentiment. The farreaching policy agenda of the new US administration suggests the potential for tectonic shifts in geopolitical and regulatory frameworks, trade and tax policies, and immigration strategies. This will bring both opportunities and risks worldwide. Meanwhile, the rise of more cost-effective artificial inte