{"id":660842,"date":"2026-01-13T15:11:13","date_gmt":"2026-01-13T15:11:13","guid":{"rendered":"https:\/\/www.europesays.com\/fr\/660842\/"},"modified":"2026-01-13T15:11:13","modified_gmt":"2026-01-13T15:11:13","slug":"introduction-en-bourse-le-retard-de-leurope","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/fr\/660842\/","title":{"rendered":"Introduction en Bourse\u00a0: le retard de l\u2019Europe"},"content":{"rendered":"<p>En 2025, les introductions en Bourse ont \u00e9t\u00e9 en hausse \u00e0 l\u2019\u00e9chelle mondiale, mais l\u2019Europe reste \u00e0 l\u2019\u00e9cart du mouvement. La zone Europe\u2013Moyen-Orient appara\u00eet comme l\u2019unique grand ensemble \u00e0 enregistrer un recul, passant de pr\u00e8s de 31 milliards de dollars lev\u00e9s en 2024 \u00e0 moins de 24 milliards en 2025, soit une contraction de l\u2019ordre de 24\u00a0%.<\/p>\n<p>Avec 45,5 milliards de dollars lev\u00e9s en 2025, Wall Street concentre \u00e0 elle seule pr\u00e8s d\u2019un quart des \u00e9missions mondiales. La Chine, malgr\u00e9 un contexte \u00e9conomique encore incertain, mobilise pr\u00e8s de 20\u00a0milliards de dollars, tandis que l\u2019Inde confirme sa mont\u00e9e en puissance, d\u00e9passant d\u00e9sormais 22\u00a0milliards. Hong Kong, redevenu plateforme de r\u00e9f\u00e9rence pour les grandes op\u00e9rations asiatiques, enregistre une forte progression, triplant quasiment ses montants lev\u00e9s sur un an.<\/p>\n<p>La faiblesse europ\u00e9enne ne peut \u00eatre imput\u00e9e ni \u00e0 un d\u00e9ficit de performance boursi\u00e8re ni \u00e0 un durcissement mon\u00e9taire. Les grands indices du continent ont inscrit de nouveaux sommets en 2025 et la Banque centrale europ\u00e9enne a amorc\u00e9 un cycle d\u2019assouplissement. Pourtant, ces conditions favorables n\u2019ont pas suffi \u00e0 relancer le march\u00e9 primaire qui est p\u00e9nalis\u00e9 par sa fragmentation. L\u2019Europe souffre toujours de l\u2019absence d\u2019une grande place de r\u00e9f\u00e9rence.<\/p>\n<p>En France, en douze mois, aucune introduction n\u2019a eu lieu sur Euronext Paris. Cette paralysie ne traduit pas un manque de projets, mais un arbitrage rationnel en faveur d\u2019autres modes de financement\u00a0: cr\u00e9dits, obligations, etc. Les incertitudes budg\u00e9taires et fiscales ont pu dissuader n\u00e9anmoins certaines entreprises \u00e0 se lancer dans des op\u00e9rations d\u2019\u00e9missions d\u2019actions.<\/p>\n<p><a href=\"https:\/\/www.europesays.com\/fr\/wp-content\/uploads\/2026\/01\/1768317073_562_image-9.png\"><img fetchpriority=\"high\" decoding=\"async\" width=\"910\" height=\"604\" src=\"https:\/\/www.europesays.com\/fr\/wp-content\/uploads\/2026\/01\/1768317073_562_image-9.png\" alt=\"\" class=\"wp-image-51812\"  \/><\/a>Cercle de l\u2019\u00c9pargne \u2013 donn\u00e9es EY avec dealogic<\/p>\n","protected":false},"excerpt":{"rendered":"En 2025, les introductions en Bourse ont \u00e9t\u00e9 en hausse \u00e0 l\u2019\u00e9chelle mondiale, mais l\u2019Europe reste \u00e0 l\u2019\u00e9cart&hellip;\n","protected":false},"author":2,"featured_media":660843,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1586],"tags":[15033,11,6060,340,1777,674,1011,27,3257,12,25,6901],"class_list":{"0":"post-660842","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-europe","8":"tag-actions","9":"tag-actualites","10":"tag-asie","11":"tag-bourse","12":"tag-eu","13":"tag-europe","14":"tag-fr","15":"tag-france","16":"tag-moyen-orient","17":"tag-news","18":"tag-republique-francaise","19":"tag-wall-street"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@fr\/115888434980941730","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/fr\/wp-json\/wp\/v2\/posts\/660842","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/fr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/fr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/fr\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/fr\/wp-json\/wp\/v2\/comments?post=660842"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/fr\/wp-json\/wp\/v2\/posts\/660842\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/fr\/wp-json\/wp\/v2\/media\/660843"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/fr\/wp-json\/wp\/v2\/media?parent=660842"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/fr\/wp-json\/wp\/v2\/categories?post=660842"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/fr\/wp-json\/wp\/v2\/tags?post=660842"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}