By Crystal Hsu / Staff reporterLed by the technology sector, the nation’s initial public offering (IPO) market could stage a rebound next year, after hitting rock bottom this year because of US-China trade tensions, PricewaterhouseCoopers (PwC) Taiwan said yesterday. Sentiment has also turned more positive in the local property market, with an uptick in prices and rents, he said. PwC Taiwan is seeking to take advantage of the trend by setting up a real-estate brokerage division, PwC Taiwan chairman Joseph Chou (周建宏) said. “PwC Taiwan is to turn 50 next year and it has to reposition itself by taking up new challenges,” Chou said. The global economy is expected to slow next year, with monetary easing by central banks and household consumption expected to be the main growth drivers, PwC Taiwan said, adding that diversified manufacturing bases would gain importance as trade disputes linger.
