London Stock Exchange boss says IPOs on the way as Shein and Raspberry Pi ready floats
City grandees are talking up a potential rebound for the beleaguered London Stock Exchange this year as fast fashion giant Shein and computer firm Raspberry Pi reportedly plot bumper listings in the capital.
The two big-ticket listings would come as a much-needed boost for London’s struggling stock market, which has been hit by a dearth of IPOs, heavy investor outflows and an exodus of firms delisting or being taken private.
The government and regulators are racing to implement a slew of capital market reforms to boost London’s attractiveness as a trading venue.
“The pipeline is becoming increasingly encouraging,” the London Stock Exchange’s deputy chief executive Charlie Walker told City A.M. on Friday, prior to reports that Shein and Raspberry Pi were plotting London floats"
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