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Thread: Chinese IPOs to reach 100 billion dollars in 2008
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[quote=DREAMLIFE,264378]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.[/quote]
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