Global IPO fundraising and listings have reached record highs this year, driven by a strong rebound in stock markets and fiscal and monetary stimulus measures by governments.

Global companies have raised about $248 billion through IPO this year, an all-time high, including the listing of so-called SPACs, according to Refinitiv. SPACs is a listed shell company that aims to take a private company public by raising money to buy it, which allows these goals to avoid the traditional IPO.

This year, the total number of IPO in the world reached 1054, which is also a record.Data show that the United States is the leader in global IPO fund-raising this year, raising about $130 billion, of which $88.2 billion comes from SPAC.

Ragu Bhargava, co-founder and CEO of Global Upside Corporation, said:

The surge in SPAC trading boosted financial stocks, at about $110 billion, technology stocks raised $40.5 billion, and healthcare stocks raised $24.2 billion.

However, analysts expect global IPO activity to face resistance in the near term because of a slowdown in SPAC listing activity due to the recent pullback in the stock market rally and weakening investor interest as a result of increased regulatory scrutiny.

Ernst & Young said in a recent report that a new round of outbreaks and the speed and efficiency of vaccination could all cause a storm.

According to Refinitiv's data,SPAC global IPO fundraising fell from $34.5 billion in March to $3.7 billion in April, the lowest level in about 10 months.

The SEC issued guidance in April questioning whether warrants issued by hundreds of SPACs companies can be regarded as equity instruments. The guide recommends that many guarantee companies may have to resubmit their financial statements to use warrants as a liability.

Steven Saunders, director and portfolio adviser to Round Table Wealth Management, said: "it is only natural to expect a decline in SPAC IPO activity after a strong first quarter, and recent price performance is likely to dampen investor interest in the sector."

"I expect investors to become more and more able to identify different SPACs over time."