
SINGAPORE -- Stock exchanges in the Association of Southeast Asian Nations appear to be getting little love, even as the bloc's tech startups eye opportunities to go public by combining with special purpose acquisition companies, or SPACs, listed in the U.S.
ASEAN saw 23 initial public offerings that raised a combined $2.4 billion in the first quarter, down from 32 that generated $3 billion over the same period last year, figures from consultancy EY showed.