SAO PAULO : Latin American companies could replace at least some of the Chinese companies' initial public offerings that have disappeared from western markets this year, a senior Nasdaq executive said.
So far, there have been no Chinese listings in the United States this year, down from 29 last year. Four Latin American Companies were listed, down from 20 last year, and 11 companies from countries in Southeast Asia, compared with 19 last year. The latest Latam listing was Semantix, a tech company listed last week on Nasdaq in a business combination with SPAC Alpha Capital. Digital bank Inter & Co migrated from a Brazilian listing to Nasdaq last June.