Insurance

Dream Incubator Inc.

Dream Incubator Executives Propose New R&D Strategy to Protect Long-term Research

GS-C

GS-D

GS-A

4310

3962

1357

1499

<p>Market news: The "GO" ride-hailing app, which received investment from Goldman Sachs, plans to go public in Japan this year. (Sina Finance)</p>

36Kr

GOLDMAN SACHS GROUP INC DEP SHS REPSTG 1/1000TH PRF SER C

GOLDMAN SACHS GROUP INC DEP REP 1/1000TH PRF D

Goldman Sachs

GOLDMAN SACHS GROUP INC DEP SHR REP 1/1000TH PFD SER A

Change, Inc. (Japan)

Nomura Holdings, Inc.

Mitsubishi UFJ Financial Group, Inc.

Market news: The "GO" ride-hailing app, which received investment from Goldman Sachs, plans to go public in Japan this year

4552

3042

<p>Japan's IPO market is experiencing its longest streak of first-day flops since 2020, with several companies, including J-Pharma and Basic, seeing significant drops in their stock prices. This trend reflects shaken investor sentiment due to the ongoing war in Iran, leading to a technical correction in Japanese stocks. The number of IPOs has also decreased, with only seven deals priced this year, the lowest since 2011. Portfolio managers are becoming more cautious, opting for secondary market investments instead of new listings.</p>

Dream Incubator Inc.(4310.JP)

Market news: The "GO" ride-hailing app, which received investment from Goldman Sachs, plans to go public in Japan this year

Japan posts longest streak of first-day IPO flops since 2020