December 28, 2009

Shanghai World's Top IPO Market in 2010

The action may switch back to Shanghai from Hong Kong in the new year according to some analysts at least in terms of raising funds on the stock market. It is estimated that 380 billion Yuan or over $55 billion US dollars in capital may be raised on the Shanghai Securities Exchange in 2010.

Seven of the top 10 IPOs in 2009 were China shares (see chart).

Rumours persist that foreign companies may be allowed to list on Shanghai too....

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