LONG BET
Forbes Indonesia|April 2021
Pandu Sjahrir Bets on Unicorn IPOs on the Indonesia Stock Exchange
ARDIAN WIBISONO
LONG BET

The COVID-19 pandemic has created an exciting investment environment. Despite the plunge in stock markets globally in March 2020 as panic spread, they quickly rebounded as a result of the increased financial liquidity created as governments splurging cash into economies worldwide to deal with the pandemic and help them afloat in the face of lockdowns and reduced consumer activity. Combined with the low-interest rate conditions, the stock market is now in a feeding frenzy. In the US, the trend has led to a boom of SPACs – or special purpose acquisition companies, that are betting mainly on technology companies. Indeed, one consequence of the pandemic is that it has been a catalyst for greater digital adoption and has changed people's habits, creating a brighter outlook for the sector as a whole.

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Diese Geschichte stammt aus der April 2021-Ausgabe von Forbes Indonesia.

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