Rakuten Trade: Able to achieve targets ahead of schedule, Malaysian stocks' IPO momentum this year is set to break records.

(Kuala Lumpur, 26th) Rakuten Trade stated that the unstoppable IPO frenzy in Malaysia in 2024 has attracted active participation from institutional investors and retail investors, showcasing the strong potential of the capital markets.

The head of sales at Lotte Securities, Liu Songzeng, stated in the article today that this trend reflects investors' confidence in the Malaysian stock market, with supportive policies, a clear government business framework, solid economic fundamentals, and attractive valuations being key factors for market prosperity.

"These factors have collectively driven the net inflow of foreign capital, enhancing investors' confidence in Malaysian stocks."

To better support investors, Lotte Securities will provide comprehensive pre-listing analysis, knowledge, and tools; release concise research reports and target prices on the listing day, and waive brokerage fees for the day of listing.

As of the beginning of the year, Malaysia has completed 45 IPO listings, with another 5 to come by the year-end (Cropmate, Carlo Rino, Winstar, Top Vision, and TMK Chemical), totaling an expected 50 IPO listings for the year, positioning Malaysia at the forefront in the regional IPO market.

According to the draft prospectuses already disclosed, Malaysia is expected to experience another peak in IPOs in 2025, surpassing the record set this year.

Previously, Bursa Malaysia set a target of 50 IPO listings for 2025, a goal expected to be achieved this year.

Kazumasa San emphasized the importance of long-term investment, stating that these IPO markets are not simply 'day trading' transactions, and investors should take a longer-term view.

Looking ahead, Liu Songzeng added that with the positive global economic outlook and strong domestic fundamentals, the prospects for Malaysia's stocks are still bullish.

"Low interest rates, china stimulus policies and expectations such as the Employees Provident Fund (EPF) dividend yield of 6% are expected to further boost investor sentiment, injecting momentum into the stock market."