IPOs

Hong Kong Sees 20 IPOs From Mainland by Dec. 31

Although listings of mainland Chinese companies fell this year in the Hong Kong market, it is expected that as many as 20 companies are planning initial public offerings. Business Week reports: While about 110 companies are...

Renren Surges on First Trading Day After $743 Million IPO

Renren, China’s largest social networking site, went public today, earning $734.40 from its IPO. Bloomberg reports: The Beijing-based company sold 53.1 million American depositary receipts at $14 each, the high end of the...

‘China’s Facebook,’ Renren, Files for IPO

China’s largest social networking site, Renren, is the latest Chinese IT company to go public on the U.S. stock market, CNN reports: Renren said in its filing that it is the leading social networking site as measured by...

Is a China Stock Bubble Forming?

From Time: When the outlandish stock-market events of 2009 are tallied up, the initial public offering (IPO) in Hong Kong of Chinese herbal shampoo maker Bawang International will be a standout. Within 10 minutes of the June 22...

China’s IPO Feeding Frenzy Leaves Sour Taste

From the Financial Times: When PetroChina listed its shares in Shanghai last November, the headline around the world was that PetroChina had a market capitalisation of more than $1,000bn – making it the planet’s most valuable...

China’s IPO Juggernaut Thunders On – Sundeep Tucker

The year of 2007 is regarded as a year of overheating for the Chinese economy, especially in the financial market. This year, IPOs and domestic merger and acquisition activities in China increased continually. Overseas investors are envious of the booming capital market in China; however, they are also cautious about the future success of capital […]

China’s Debuts Hark Back to Late ’90s – Wall Street Journal

China now seems to be where the US was in the late 1990s, stock market-wise. From the Wall Street Journal: The Chinese market for new stock offerings is starting to look a lot like the U.S. in the late 1990s. In those days, hotly sought-after initial public offerings of tech companies — like Ask Jeeves […]

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