Chinese IPOs to reach 100 billion dollars in 2008

Chinese IPOs to reach 100 billion dollars in 2008
Jan 3, 2008 22:12
ZOEY Points: Join Date: Nov 29, 2004 Status: offline	According to Ernst & Young's estimation, more Chinese enterprises and corporations will go public in 2008 and the total IPOs will reach 100 billion dollars. The IPOs raised in Shanghai Stock Exchange in 2008 by issuing A shares will reach 45 billion dollars. By issuing H shares in Hong Kong stock market, Chinese can raise about 33 billion dollars. By going public in Shenzhen Stock Exchange and overseas (in Britain, Singapore and US), Chinese corporations is possible to raise about 20 billion dollars. Meanwhile, it is said that China is doing reform in its stock market. Perhaps, those multi-nationals will be permitted to go public in Shanghai. What do you think of this? Is it good or bad to allow the multi-nationals go public in Shanghai?

Jan 3, 2008 22:12

ZOEY
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Join Date: Nov 29, 2004
Status: offline

According to Ernst & Young's estimation, more Chinese enterprises and corporations will go public in 2008 and the total IPOs will reach 100 billion dollars. The IPOs raised in Shanghai Stock Exchange in 2008 by issuing A shares will reach 45 billion dollars. By issuing H shares in Hong Kong stock market, Chinese can raise about 33 billion dollars. By going public in Shenzhen Stock Exchange and overseas (in Britain, Singapore and US), Chinese corporations is possible to raise about 20 billion dollars. Meanwhile, it is said that China is doing reform in its stock market. Perhaps, those multi-nationals will be permitted to go public in Shanghai.

What do you think of this? Is it good or bad to allow the multi-nationals go public in Shanghai?

Jan 9, 2008 02:45

DREAMLIFE
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Join Date: Sep 5, 2007
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Chinese IPOs to reach 100 billion dollars in 2008? Perhaps, it will become true. But I don't want to see the second, third, fourth .....PetrolChina. Just after it went public in Shanghai, it has become the biggest company in the world that has raised innumerable IPO. But what is it like now? UBSAG has decreased its shareholding of PetrolChina from 6.42% to 4.91%. Yesterday, PetrolChina closed at 3.98 yuan, going down 36% compared with 48.62 yuan when it went public.

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