IPO：股票发行的关键市场

中文段落：

IPO，即首次公开发行，指的是一家公司在证券交易所首次向公众发行股票的行为。这不仅是公司筹集资金、扩大规模的重要方式，也是其向公众展示自身实力、吸引投资者关注的关键时刻。IPO通常在全球各大主要股票市场上进行，如纽约证券交易所（NYSE）、伦敦证券交易所（LSE）以及中国的上海证券交易所和深圳证券交易所等。这些市场因具备高度的市场透明度、严格的监管制度以及庞大的投资者群体，成为了全球IPO活动的主要舞台。在这些市场上，投资者有机会接触到众多具有潜力的公司，通过购买其股票分享其未来的成长收益。

英文段落：

IPO, or Initial Public Offering, refers to the process of a company issuing its stocks to the public for the first time on a securities exchange. This event marks a crucial milestone for a company, not only as a significant way to raise funds and expand its scale, but also as an opportunity to showcase its strength to the public and attract investors' attention. IPOs typically occur on major stock markets globally, such as the New York Stock Exchange (NYSE), the London Stock Exchange (LSE), as well as the Shanghai Stock Exchange and the Shenzhen Stock Exchange in China. These markets, due to their high market transparency, stringent regulatory systems, and vast investor bases, have become the primary stages for global IPO activities. On these markets, investors have the opportunity to access numerous promising companies and share in their future growth profits by purchasing their stocks.