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  "documentTitle": "ey global ipo trends 2023 q4",
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  "notes": "The chart is a bubble scatter plot comparing IPO proceeds vs. IPO number relative to 5-year averages.",
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      "text": "If the Middle East and Mainland China proved to be the engines of the 2022 IPO market, this year's momentum for growth came from high-growth developing countries, each with their own unique economic backdrop.",
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      "text": "Visualization depicts select markets with combined exchanges of over 30 IPOs and aggregate proceeds above US$500m for each market in 2023. Sources: EY analysis, Dealogic, The World Federation of Exchanges (WFE).",
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      "kind": "title",
      "text": "New hotspot markets outpaced traditional IPO powerhouses",
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