Nasdaq targets Japanese IPOs as Chinese listings wane

TOKYO – U.S. stock market operator Nasdaq expects major Japanese startups driven by a new generation of entrepreneurs to go public early next year, buoyed by renewed momentum in Asia's No. 2 economy and a new generation of entrepreneurs from beyond East Asian countries. .

“We've seen the pipeline continue to grow for Japanese companies interested in Nasdaq,” said Bob McCooey, Nasdaq's vice president for international listings, adding that the country's wave of young entrepreneurs is more global-minded than many of their predecessors. .