Bloomberg Business

Nasdaq Chief Sees Swedish IPO Drought Breaking in Mid-2023

A drought of Swedish initial public offerings is set to break in the middle of next year, provided uncertainty around valuations lifts, according to Nasdaq Inc., which runs the biggest stock exchange in the Nordic country.

Chinese Gaming Bonanza Ignites Tencent, Asian Gaming Rally

Tencent Holdings Ltd. joined a rally in Asian gaming stocks Thursday after China green-lit its latest clutch of blockbuster titles, reinforcing hopes Beijing is easing a crackdown on the world’s largest mobile gaming arena.

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