South Korea's IPO market is showing signs of recovery after a weak first half, with all companies listed this month trading above their offering prices. As of the 30th, 30 companies had gone public this year, but 22 remained below their offering prices and the average return was about -16%. October is set to bring 15 retail offerings, including Elice Group, an AI education and infrastructure company seeking a valuation of up to 1 trillion Korean won, along with companies in AI, robotics and semiconductor equipment. The concentration of listings is raising expectations for improved IPO investment sentiment toward year-end.