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
China
Home / China / China

China, US drive global tech IPOs

By Jack Freifelder in New York | China Daily USA | Updated: 2014-12-08 12:13

Technology firms have led the charge in initial public offerings (IPO) around the globe in 2014, and the world's two largest economies continue to be the driving force behind the trend, according to experts.

Raman Chitkara, global technology leader for PricewaterhouseCoopers (PwC), a multinational professional services firm, said Chinese and US companies account for the lion's share of listings over the past four years.

From 2010-14, there were 195 Chinese IPOs from tech companies, vs. 138 in the US and 80 in the rest of the world, Chitkara said, all $14 million and above.

PwC started tracking technology IPOs after 2009, and in that time the Internet software and related services sector has accounted for more than 50 percent of new global tech listings, Chitkara said.

"US IPOs are mostly in the software and Internet services business," Chitkara said. "China is slightly different, but still has a sizable number of Internet services and software. That is a reflection of the entrepreneurial culture that exists in China and their focus on technology."

"Most of the cross-border IPOs are coming from China - 38 from China, 29 from the rest of the world and one from the US - but the US exchanges are clearly the major recipients (about 85 percent)," he said. "US capital markets remain dominant, but if you just go by the numbers, you clearly see a lot of Chinese IPOs in the technology sector."

Chitkara made his comments on Dec 5 during a panel discussion at New York University (NYU). Kevin Rosier, an analyst with the US-China Economic and Security Review Commission (USCESRC), joined Chitkara for a discussion on IPOs by Chinese tech firms as part of NYU's Center on US-China Relations' Fourth Annual Conference on Chinese Capital Markets.

Numbers for Chinese IPOs have rebounded in 2014 following the lifting of China's freeze on IPOs in December 2013. The China Securities Regulatory Commission (CSRC) put the ban in place in 2013 to "revisit and reform the system", Chitkara said.

"Nothing can be predicted about capital markets, but when you look at the type of companies that are going public, like e-commerce companies, they are going on the basis of the numbers they have produced," he said. "The attraction of US investors is really based on those numbers and the potential for growth. But there's always a level of optimism with all that growth."

Rosier said the trend of technology IPOs by Chinese companies is "the beginning of a larger presence" for Chinese entities on US and other foreign markets.

"The Securities and Exchange Commission (SEC) is following the overall trend of Chinese IPOs quite closely," Rosier said. "The Chinese government would probably prefer to see companies like Alibaba list in Hong Kong rather than New York, but in a sense that's kind of out of their control."

jackfreifelder@chinadailyusa.com

Editor's picks
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: 美女曰皮 | 免费观看日本高清a毛片 | 久久久久久国产精品免费免费 | 精品国产一区二区三区免费 | 亚洲第一中文字幕 | 久久精品国产第一区二区 | 亚洲精品一区二区三区五区 | 一男一女的一级毛片 | 国产精品网址 | 一区二区三区四区国产精品 | 亚洲欧美激情精品一区二区 | 免费福利在线看黄网站 | 99秒拍福利大尺度视频 | 国产视频软件在线 | 亚洲人成a在线网站 | 久久厕所视频 | 久久黄色精品视频 | 国产亚洲精品久久精品6 | 久久久免费观成人影院 | 免费区欧美一级毛片 | 亚洲悠悠色综合中文字幕 | 久久久国产乱子伦精品 | 男女精品视频 | 亚洲国产精品成人午夜在线观看 | 亚洲黄色免费在线观看 | 国内自拍在线 | 欧美aaaa在线观看视频免费 | 亚洲加勒比在线 | 久热中文字幕在线精品免费 | 2021国产精品一区二区在线 | 国产午夜伦伦伦午夜伦 | 久久精品视频免费在线观看 | 亚洲国产欧美另类 | 日韩一区二区在线免费观看 | 亚洲视频手机在线 | 国产美女在线精品亚洲二区 | 久草视频手机在线观看 | 韩国三级大全久久网站 | 中文字幕亚洲在线 | 欧美三级黄色 | 国产精品视频久久久久 |