www射-国产免费一级-欧美福利-亚洲成人福利-成人一区在线观看-亚州成人

USEUROPEAFRICAASIA 中文雙語Fran?ais
Home / World

IPOs forecast to rise in 2013

By Cai Xiao | China Daily | Updated: 2012-12-26 07:55

 IPOs forecast to rise in 2013

A listing ceremony at the Shanghai Stock Exchange in April. While only 154 Chinese companies have held domestic IPOs so far this year, small and medium-sized IPOs are expected to be more popular in the A-share market in 2013. Provided to China Daily

Better economic figures, steady development to spur offerings

Small and medium-sized initial public offerings by Chinese companies will be popular in 2013 and overseas offerings will increase, according to reports.

This is despite the numbers, and financing, for Chinese companies that are going public both declining sharply this year.

By Tuesday, only 154 Chinese companies have held domestic IPOs this year, raising total financing of 103.4 billion yuan ($16.6 billion), a year-on-year drop of 60 percent.

IPO launches on the Chinese mainland in 2013 will benefit from improved macroeconomic figures in the past two months and a steady development goal set by the central government this month, a report by the research agency China Venture Group said on Tuesday.

Small and medium-sized IPOs will be more popular in the A-share market next year after some large-cap Chinese stocks, including China Communications Construction Co Ltd and China Shipbuilding Industry Co Ltd, met obstacles to completing financing as planned, the China Venture report said.

Influenced by weak global economic conditions in 2012 and US-listed Chinese companies being hit by short sellers, only two Chinese companies launched IPOs in the US market, achieving total financing of $153 million, a decline of 90 percent year-on-year, the report said.

It added that the online seller Vipshop Holdings Ltd and social platform company YY Inc achieved strong performances, showing that US investors still have confidence in Chinese companies.

More Chinese companies can be encouraged and the number of IPOs in 2013 in the United States will increase, the report said.

Vipshop Holdings shares closed on Tuesday at $17.90, an increase of 175.4 percent compared with the offering price, while YY Inc closed at $14.29, an increase of 36 percent.

The European market has also become more attractive for Chinese companies to list. Nine have gone public in Germany and Britain this year.

A report by the Zero2IPO Research Centre on Tuesday said 42 companies in the Chinese mainland market saw their prices fall on the first day of their IPOs because the A-share market remained weak and investors were more rational about the price/earnings ratios of new shares.

The largest mainland IPO this year, that of China Communications Construction Co Ltd, raised $794.9 million, compared to $2.1 billion for the largest deal last year, the report said.

Some 837 Chinese companies were waiting for their IPOs to be examined and approved by Friday.

With the supply of A-share stocks limited, prices in the mainland market are usually higher than in Hong Kong's H-share market. But price differences between the two markets will be smaller in the long term, said Jing Xiaoda, a senior analyst at Essence Securities, speaking at the Beijing International Finance Expo this month.

caixiao@chinadaily.com.cn

IPOs forecast to rise in 2013

(China Daily 12/26/2012 page15)

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US
主站蜘蛛池模板: 草草影院第一页yycccom | 久久久国产乱子伦精品 | 免费香蕉成视频成人网 | 欧美成人免费夜夜黄啪啪 | 欧美18www| 日本特一级毛片免费视频 | 成人午夜免费在线观看 | 妖精www成人动漫在线观看 | 手机看片1024欧美日韩你懂的 | 免费播放欧美毛片欧美a | 亚洲欧美综合国产不卡 | 欧美精品综合一区二区三区 | 青青草色久综合网 | 麻豆一区 | 欧美成人毛片在线视频 | 真人一级一级特黄高清毛片 | 黄色一及毛片 | 日韩 综合 | 国产精品毛片久久久久久久 | 在线人成精品免费视频 | 日本男人天堂 | 成人在线不卡视频 | 男人天堂网站在线 | 国产在线精品一区二区高清不卡 | 男女那个视频免费 | 女人张开腿给人桶免费视频 | 在线私拍国产福利精品 | 久久精品国产影库免费看 | 男女晚上爱爱的视频在线观看 | 久久精品在| 欧美日本亚洲国产一区二区 | 九草在线免费观看 | 三级视频网站在线观看 | 美女张开腿让人捅 | 国产黄色网| 分享一个无毒不卡免费国产 | 久久一日本道色综合久 | 国产精品线在线精品国语 | 男女午夜爱爱久久无遮挡 | 加勒比综合| 国产精品成人一区二区不卡 |