{"id":15094,"date":"2007-10-12T09:45:03","date_gmt":"2007-10-12T16:45:03","guid":{"rendered":"http:\/\/chinadigitaltimes.net\/2007\/10\/12\/chinas-debuts-hark-back-to-late-90s-wall-street-journal\/"},"modified":"2007-10-12T09:45:03","modified_gmt":"2007-10-12T16:45:03","slug":"chinas-debuts-hark-back-to-late-90s-wall-street-journal","status":"publish","type":"post","link":"https:\/\/chinadigitaltimes.net\/2007\/10\/chinas-debuts-hark-back-to-late-90s-wall-street-journal\/","title":{"rendered":"China’s Debuts Hark Back to Late ’90s – Wall Street Journal"},"content":{"rendered":"

\nChina now seems to be where the US was in the late 1990s, stock market-wise. From the Wall Street Journal:\n<\/p>\n

\nThe Chinese market for new stock offerings is starting to look a lot like the U.S. in the late 1990s.<\/p>\n

In those days, hotly sought-after initial public offerings of tech companies — like Ask Jeeves<\/a> Inc., GeoCities<\/a> Inc. or Red Hat<\/a> Inc. — exploded out of the starting gate, doubling, tripling and more on their first days of trading.<\/p>\n

Something similar is happening in China now. The average first-day return for Chinese IPOs in 2007 is 192%, according to data from Thomson Financial. The performance is a little more modest for large offerings. For the 10 deals that raised more than $1 billion, the first-day gain has averaged 83%. [Full Text<\/a>]\n<\/p><\/blockquote>\n","protected":false},"excerpt":{"rendered":"

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 […]<\/p>\n","protected":false},"author":36,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[5573,388],"class_list":["post-15094","post","type-post","status-publish","format-standard","hentry","category-economy","tag-ipos","tag-stock-market","et-doesnt-have-format-content","et_post_format-et-post-format-standard"],"yoast_head":"\nChina's Debuts Hark Back to Late '90s - Wall Street Journal<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/chinadigitaltimes.net\/2007\/10\/chinas-debuts-hark-back-to-late-90s-wall-street-journal\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China's Debuts Hark Back to Late '90s - Wall Street Journal\" \/>\n<meta property=\"og:description\" content=\"China now seems to be where the US was in the late 1990s, stock market-wise. 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