Nasdaq Sees Asian IPO Pipeline in Technology and Biotech Sectors
- Outlook for next year is “pretty good” says COO Friedman
- Slow start for 2016 but recent weeks have seen improvement
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Nasdaq Inc. is expecting a positive 2017 for new listings of Asian technology and biotechnology companies, according to its chief operating officer.
Adena Friedman said that while the U.S. exchange company has seen about five initial public offerings this year from Asia, there could be more in the next few months. After a slow start, activity has improved in recent weeks, she said.