Thursday, December 23, 2010

The scale of China's IPO this year or will the global leader.

<P>: Http:// hearing, the Chinese mainland stock market this year, the total IPO financing is expected to more than 52 billion U.S. dollars, will be twice the forecast in January. .This makes this year in Mainland China is expected to become a major center of global equity issuance. .</ P> <P> listed early this year, and the secondary listing of China (secondary listing) transactions may total funds raised, highlighting the huge mainland market liquidity, and will increase Hong Kong, London and New York's concerns that they will .Mainland China no longer continue to benefit from the company's initial public offering (IPO). .</ P> <P> professional services of PricewaterhouseCoopers (PwC) released the forecast yesterday. .</ P> <P> PricewaterhouseCoopers partner Li Sun Baoyuan (Richard Sun), said the agency expects, through the Shanghai and Shenzhen A-share listed Chinese companies this year will reach 4,000 total funding billion yuan (52.6 billion U.S. dollars .), higher than the January forecast of 200 billion yuan. .A shares in RMB trading, only to Chinese investors and the selection of a foreign investors. .</ P> <P> riding the waves of the listed factors, the Chinese mainland enterprises are eager to bring from the soaring stock market to benefit the high valuations. .Over the past 18 months, the Shanghai index has tripled. .</ P> <P> "This latest forecast is scary," said a senior banker in Hong Kong, "Hong Kong, relevant agencies will have to work very hard to ensure the leading position of Hong Kong Stock Exchange and importance. ."</ P> <P> in last year's IPO market, Hong Kong (410 billion U.S. dollars), London (390 million) and New York (290 million U.S. dollars) easily than the Chinese mainland exchanges. .In the split share reform period, until last June, before the stock market in Mainland China to restart issuing new shares. .</ P> <P> U.S. exchanges particularly concerned that they are missing the opportunity to boom starting in China, and accused the United States dealt a blow to the regulatory burden on U.S. public's confidence in overseas companies. .</ P> <P> But U.S. efforts to reduce red tape seems to have some effect. .Dealogic data show that as of June 5 in the year, a total of 11 in the Chinese mainland and Hong Kong listed companies to the U.S. market, while last year only two. .However, the relatively low amount of funding, of which the largest funding is LDK, Solar (LDK Solar), raising a total of 469 million. .</ P>.

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