RIO DE JANEIRO, BRAZIL - In the first seven months of this year, two Brazilian companies were listed in the United States: Linx, a software company, and Afya, a medical education company. They are the latest in a surge that began in 2017 and has raised US$5.3 billion (R$21.2 billion) for Brazilian companies through eight IPOs.

Although still hesitant, the process suggests that the U.S. stock market could be a . . .

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