Analysis: Fed rate cut may clear the way for US IPOs awaiting the green light

The Federal Reserve's interest rate cut has cleared the way for private companies awaiting the green light to list on the US IPO market. Industry observers say that following the Fed's rate cut, companies from the technology sector to the service sector are expected to publicly submit IPO applications or initiate roadshows to promote IPO transactions in the coming days or weeks. Previously, many companies considering going public in the fall had been awaiting the Fed's rate cut decision while also closely monitoring the performance of newly listed companies. West Riggs, head of equity capital markets at American Trust Securities, said, "There are definitely many companies waiting for the rate cut to take effect to ensure there are no unexpected events. The October IPO schedule is expected to be very busy." (Jinshi)