According to Odaily Planet Daily, the Federal Reserve's interest rate cut has cleared the way for private companies awaiting the green light to list on the US IPO market. Industry observers say that following the Fed's rate cut, companies from the technology sector to the service sector are expected to publicly submit IPO applications or launch roadshows to promote IPO transactions in the coming days or weeks. Previously, many companies considering going public in the fall had been awaiting the Fed's rate cut decision and closely monitoring the performance of newly listed companies. West Riggs, head of equity capital markets at American Trust Securities, said, "There are definitely many companies waiting for the rate cut to take effect to ensure there are no unexpected situations. The October IPO schedule is expected to be very busy." (Jinshi)