Prominent Japanese trader Cis has commented on the Kioxia IPO, noting an 8.6% discount. He questioned how many such discount opportunities might arise in the future. Cis observed that Bain Capital rarely engages in long-term holding post-IPO, suggesting that at the current pace, there might be only a limited number of similar sell-down events remaining. While this update pertains to the equity market, comments from Cis are closely watched by cross-asset traders for insights into market sentiment and flow dynamics.