Chinese enterprises lead global IPOs in Q3

来源:百度文库 编辑:神马文学网 时间:2024/04/27 22:19:50
09:00, October 13, 2010      
Email | Print | Subscribe | Comments | Forum 
Increases the bookmark
twitterfacebook
diggGoogle
WindowsliveDelicious
buzzfriendfeed
Linkedindiigo
redditstumbleupon
Chinese enterprises issued 110 deals of initial public offerings (IPO) globally in the third quarter of the year fund-raising $40.1 billion, a 147-percent increase in total proceeds from the second quarter, announced Ernst & Young (EY), one of the world's largest professional services firms Monday.
Chinese issuers alone made up over three-quarters (76%) of global fund-raising in the third quarter, while global IPOs raised a total of $52.7b in 286 IPOs, according to EY.
In 2010, IPO volumes on the Shanghai and Shenzhen stock exchanges reached their highest levels ever.
Due primarily to the Agricultural Bank of China's dual listing in Shanghai and Hong Kong in Q3, the Shanghai Stock Exchange raised the most capital ($15.6 billion), followed by Hong Kong Exchanges and Clearing ($14.0 billion) and the Shenzhen Stock Exchange ($10.0 billion)
''In upcoming quarters, Shanghai is expected to maintain its current status as the world's leading exchanger for capital raised, evidence of its growing liquidity and maturity,'' said Terence Ho, Greater China Strategic Growth Markets Leader for Ernst & Young.
Source: Global Times Related Reading
New IPO pricing rules adopted
Pharma firm seeks IPO
SouFun Holdings' IPO goes through the roof
GM IPO to reduce govt stake
GM files paperwork for IPO
AgBank IPO world's biggest
US video-viewing website Hulu prepares for IPO
AgBank's record IPO
Agricultural Bank of China sets new IPO record
GM reports $1.3 bln profits in Q2 before IPO file