Home > Financial Crisis > Economy & Trade Data
China's IPO Capital Drops about 80%
[2009-01-20 11:19:24]
| China's IPO capital drops about 80% |
Activity in initial public offerings (IPOs) has fallen to a three-year low in China, according to a report released by market researcher Zero2IPO Group.
The amount of money raised by Chinese companies in 2008 through IPOs fell about 80 percent over the previous year to $21.8 billion, the report said.
The numbers of IPOs and total capital raised also touched three-year lows, falling 53.3 percent and 79.2 percent respectively year-on-year.
In overseas markets, the number of Chinese IPOs dropped from 118 in 2007 to 37 last year, with capital raised falling 82.6 percent to $6.922 billion.
In the domestic market, the number of IPOs fell from 124 in 2007 to 76 last year, with capital raised dropping about 77.1 percent to $14.91 billion.
|
| Source:chinadaily.com.cn |
Related Articles:
Most Read
- Chinese Shares Slightly Down Tracking Wall Street Losses
(2009-01-27) - Shares Soar 6.12% as Feb Loans Surge
(2009-03-05) - Shanghai Shares Gain 1.6% at Midday
(2009-02-09) - Chinese Shares up 2.14% on Confidence Booming
(2009-04-20) - Futures Trade Value Sets Record in China
(2009-01-15) - China Enterprises Index Down 0.11%
(2009-02-18) - Chinese shares slightly down following Wall Street losses
(2009-01-06) - Regulator to Roll out GEB Norms
(2009-01-20) - Hong Kong Stocks Close Sharply Higher
(2009-02-24) - China's May Exports Plunge 26.4%
(2009-06-12)
Related Photos
 |
Imports Decline Slow, Signals Recovery |
|
China's Foreign Trade down for 7th Month |
|
China's May Exports Plunge 26.4% |
|
Chinese Shares Gain 0.72% to 7-month Record High |
|
Chinese Shares Rise 1.95%, Led by Agricultural, Real Estate Stocks |
|
Stocks Rise on Premier's Positive Tone |
|
Chinese Shares Rise 1.04% on Record High Fiscal Deficit Budget |
|
Shares Soar 6.12% as Feb Loans Surge |
|
Shares Soar 6.12% as Feb Loans Surge |
