The bigger interest in Chinese technology giants these days is on account of cheaper valuations compared with their American peers and a general dip in appetite towards US equities in the wake of uncertainties around the trade tariff regime.
Jio IPO breaks multiple records: From fundraising to investor demand, how the mega issue rewrote India’s IPO history
The issue set records across fundraising, anchor investor demand and applications, while attracting the highest qualified institutional buyer (QIB) subscription among India’s five largest IPOs.