Brazil, not content with its reputation for beautiful people and awesome football players, is making the world feel inadequate in other areas. VisaNet, the Brazilian affiliate of Visa, is raising $4.3bn in the world's largest initial public offering this year. VisaNet's warm reception was underpinned by low credit penetration and relatively rosy forecasts for Brazil's economy. But that the year's two largest IPOs are in São Paulo and Hong Kong, knocking the US from its customary top spot for offerings, has reinvigorated chatter about a “decoupling” of emerging markets from their developed counterparts.
以盛產帥哥美女和優秀足球運動員著稱的巴西並不滿足於此,在其他領域也正讓世人心折。維薩(Visa)巴西分公司VisaNet今年將通過首次公開發行(IPO)融資43億美元,規模居全球之首。信用卡普及率較低及巴西經濟相對樂觀的前景,是該公司受到追捧的根源。然而,今年全球規模最大的兩起IPO花落聖保羅和香港,令美國痛失傳統的IPO頭把交椅,重新引發了有關新興市場與發達國家「脫鉤」的討論。