Tech and consumer sectors are supercharging the Asia-Pacific IPO market this year, with advanced robotics, semiconductor, e-commerce, and AI infrastructure companies across the region gearing up for their public debuts. Analysts say improved investor sentiment and a rebound in investment banking activity are headlining a robust IPO pipeline in APAC.
This year’s APAC IPO market skews toward larger issuers, with a focus on issuers who have clear profitability across the tech sectors. Below, we leverage insights from the AlphaSense platform to dive into the most highly anticipated APAC IPO listings for 2026.
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E-Commerce
Shein
Investors have been eagerly awaiting an IPO from Shein, the world’s largest fast-fashion retailer, for years. After unsuccessful attempts to go public in the U.S. and the U.K., the online retailer confidentially filed a prospectus to the Hong Kong exchange last year with a potential valuation of $30 billion.
The company moved its headquarters to Singapore from China in 2022 to help grow global operations and navigate regulatory hurdles. Shein has a significant presence in the U.S. and European markets due to its ultra-low cost and fashion-forward apparel. In 2023, the company launched Shein marketplace to allow third-party sellers on its platform in an effort to boost global expansion plans.
SHEIN marketplace is growing very well because SHEIN has a price competition with Amazon and the rest of the marketplaces, given that they want to scale the business first so they are not looking more on the profit, but to eat or to take most of the market share firstly.
Chipmakers
ChanXin Memory Technologies (CXMT)
CXMT focuses exclusively on dynamic random-access memory chips, which hold data temporarily and are used in laptops, smartphones and other computing devices. The memory chipmaker is poised to be China’s largest IPO since 2022 after receiving regulatory approval for its offering last month. CXMT is planning to list on Shanghai Stock Exchange’s STAR Market (widely viewed as the Shanghai equivalent to the Nasdaq) with a target valuation of about $42 billion.
Yangtze Memory Technologies Co. (YMTC)
YMTC is a Chinese chipmaker that primarily manufactures NAND flash memory chips, which store data without power. The company has hired an investment bank to provide IPO guidance, officially kicking off the company’s public debut process. YMTC was valued at about $22 billion last year, and analysts expect the company to potentially IPO as soon as the second half of 2026 on Shanghai Stock Exchange’s STAR market.
Fintech
Ant International
Singapore-based Ant International is a global provider of digital payment and fintech solutions. The company was spun out as an independent subsidiary of Chinese fintech giant Ant Group in 2024, marking a critical step toward the firm going public, according to industry research on AlphaSense. Broker research indicates that Ant Group has been in talks with regulatory bodies for an IPO for Ant International since last year. Ant International could fetch a valuation between $8 billion to $24 billion in an IPO, according to reports.
Mynt
Mynt is a Philippine fintech firm that operates through two wholly owned subsidiaries: G-Exchange and Fuse Lending. G-Exchange is the operator of GCash, a leading finance super-app in the Philippines, while Fuse Lending is a digital lending platform that provides microloans and business loans to underserved Filipinos. Reports suggest Mynt could file for an IPO as early as July with a valuation of more than $8 billion.
Viva Republica
Viva Republica is the parent company of Toss, a South Korea-based financial super-app. In 2024, the company withdrew plans for a listing in South Korea and is instead seeking a U.S. market debut, where it can tap into more favorable sentiment toward fintech firms. Viva is targeting a valuation of more than $10 billion.
Technology Infrastructure & Hardware
DayOne
The global data center operator is aiming to raise $5 billion in a U.S. IPO as early as this year, which is expected to value DayOne as much as $20 billion. While the company is pursuing a listing in the U.S., it is also considering a dual listing in its home country of Singapore. DayOne currently operates or has active developments across strategic markets in APAC and Europe.
Jio Platforms
Jio Platforms is the digital services arm of Indian multinational conglomerate Reliance Industries. Jio Platforms serves as the holding company for India’s largest telecom operator and leads the mobile market in India with a total subscriber base of 524 million, according to broker research in AlphaSense. Analysts estimate Jio Platforms has a valuation between $130 billion and $220 billion.
Jio provides 5G connectivity. It provides good connection even in rural areas. Our team members generally tend to travel a lot and at some spots in rural areas or while traveling, it's really difficult to get on a normal voice call as well. With Jio, that problem is solved in many cases. One good thing about Jio is that it has good connectivity, good network across different regions.
Unitree Robotics
An IPO is imminent for the Chinese robotics company, which received approval in June from the Shanghai Stock Exchange Listing Committee. The company, which produces robot dogs and humanoids, is aiming to raise about $621 million to fund brain-model research, new product innovation, and the construction of an automated manufacturing hub.
The robotics firm is eying an IPO as high as $7 billion, a significant step up from its latest valuation of $1.7 billion in a 2025 Series C funding round. Unitree has differentiated itself from competitors by providing the lowest viable price point in the robotics sector.
We chose Unitree specifically because the robots, at this point, are thought to be pretty reliable. They've sold, I think, thousands of them. Lots of labs use them. There's a lot of support that's been developed and a lot of iterations that they've had over the years to get the software API and all the documentation better. Certainly, price is a factor. They're at a very competitive price where we can get a good robot for a surprisingly small amount of money.
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