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　　The number of initial public offerings (IPOs) of U.S. technology companies has reportedly fallen to the lowest level since the 2008 global financial crisis, as stock market volatility, soaring inflation and higher interest rates Investors' sentiment towards newly listed companies is low.

　　Data released by Refinitiv shows that so far this year, only 14 tech companies have successfully listed on the stock exchange, up from 12 in 2009. This year's IPO raised $507 million, the smallest amount raised through a stock offering since 2000.

　　The total number of IPOs in the first nine months of this year plunged 90.4% compared to last year.

　　Analysts said the sharp decline in stock market conditions has discouraged technology companies from pursuing IPOs.

　　The current forward price-to-earnings ratio for the S&P Information Technology Index is 20.18, the lowest since April 2020.

　　James Gellert, CEO of Rapid Ratings, said: “Institutional investors have been shifting capital allocations while retail investors have been licking their wounds. This is a dire backdrop for an IPO, Tech IPOs in particular need to rely on a bull market and aggressive investors to prop up their listings.”

　　The IPO Revival Index, which records the largest and most liquid IPOs in the U.S., has fallen 50.4% this year, compared with the S&P 500's 23% decline.

　　Shares of Corebridge Financial Inc, the largest U.S. IPO this year, traded about 4 percent below its $21 offering price on Wednesday.

　　Rachel Gerring, Ernst & Young's head of IPOs in the Americas, said poor market performance after IPOs in 2021 has dampened investor appetite for new stocks. "The U.S. tech industry has been greatly affected by the decline in market value across the entire market," he said. "Throughout 2021, there has been a significant amount of fundraising across the industry, providing the necessary funding for tech IPO applicants," he said. to get through this turbulent time in the market.”

　　Greek yogurt maker Chobani canceled plans to go public in the U.S. earlier this month, while several other big names, including Reddit and ServiceTitan, have delayed plans to go public this year.

　　In the U.S., sectors including finance and healthcare are among the main battlegrounds for IPOs, followed by energy and power.

　　Jennifer Post, a partner at Thompson Coburn, said energy markets continued to be active due to disruptions in global supply and distribution channels, while the popularity of electric vehicles was also driving deals. "In 2023, there should be companies in these industries looking for IPOs, as the urgency of capital investment will become more pressing and growing business and consumer demand should remain strong," she said.