Philippine Bourse Targets Bigger IPO Size in Second Half: CEO

The video discusses the current positive market sentiment and the IPO pipeline, highlighting expectations for increased IPO activity. It covers the exchange's revised listing rules to facilitate SME market entry and addresses delays in implementing short selling due to regulatory challenges. The video also outlines plans to increase the free float threshold for public companies and introduces new market indices and sectors, including a potential ESG index.

What is currently driving the positive sentiment in the market?

• High interest rates

• Rate of vaccination

• Decrease in oil prices

• Increase in unemployment

What is the exchange doing to attract smaller companies to list?

• Offering tax incentives

• Revising listing rules to be more liberal

• Providing free marketing services

• Reducing listing fees

What is causing the delay in implementing short selling?

• Lack of investor interest

• Technical issues with the trading platform

• Regulatory approvals

• High implementation costs

What is the proposed free float threshold for public companies?

• 20%

• 15%

• 25%

• 10%

How many companies currently have a public float less than the proposed threshold?

• 35 to 40

• 28 to 30

• 20 to 25

• 10 to 15

Which new sector is NOT mentioned as being added to the market?

• Technology

• Healthcare

• Mining and materials

• Consumer sector

What type of index is the exchange planning to develop with external help?

• Mid-cap index

• Small-cap index

• High dividend yield index

• ESG index