From Financial Times:
Capital raised by new listings in China is set to exceed $52bn this year, twice the figure forecast in January, putting the mainland on track to become the world’s leading centre for share offerings this year.
The potential sums raised in primary and secondary listings this year underscore the huge liquidity in China’s domestic stock market and will heighten fears in Hong Kong , London and New York that they will no longer continue to benefit from hosting mainland IPOs . The forecast was issued on Wednesday by PWC , the professional services firm. [Full Text]
