Hello, this is Hui Jie writing to you from Singapore. Welcome to another edition of CNBC's Daily Open. The tech trade staged a comeback as investors pile into the sector in the U.S., but the same sentiment did not cross the Pacific. However, public listings are very much on the table in Asia, with firms jostling for a piece of India's Jio IPO and venture capitalist Jenny Lee saying that startups in the region were 'speeding' toward IPOs. After a week defined by investors trimming exposure to the tech sector, some have cautiously begun to buy back in. The Nasdaq Composite advanced more than 1% on Monday stateside, with tech leading the charge. Chip heavyweight Nvidia added 1.4%, and Tesla jumped 3.8%. Alphabet shares advanced about 1%.
We show the main point publicly. Create a free account to continue reading the full article, save it, discuss it, and connect it with market and OSINT context.
