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IPO

Asia's IPO market bucks global slump thanks to megadeals

South Korea's LG Energy was largest Q1 debut but market volatility clouds outlook

TOKYO -- Proceeds from initial public offerings in Asia in the first quarter jumped 18% from a year ago thanks to big listings in South Korea and China, bucking a global slowdown blamed on tighter monetary policy and the war in Ukraine.

However, the region's IPO market will remain volatile, analysts say, and the region faces the risk of fewer IPOs and reduced fundraising this year.

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