China’s benchmark stock gauge, the Shanghai Composite, has been the best performer among the world’s major markets this year. Photo: Xinhua
China’s benchmark stock gauge, the Shanghai Composite, has been the best performer among the world’s major markets this year. Photo: Xinhua
IPO

Listing by China’s biggest investment bank, first flotation of Chinese depositary receipts in Shanghai set stage for Ant dual IPO

  • China ranks second with US$55.1 billion raised through IPOs this year, according to Bloomberg, behind New York and ahead of Hong Kong
  • Investor enthusiasm and a government push for more listings by home-grown technology companies have fuelled a boom in IPOs this year

China’s benchmark stock gauge, the Shanghai Composite, has been the best performer among the world’s major markets this year. Photo: Xinhua
China’s benchmark stock gauge, the Shanghai Composite, has been the best performer among the world’s major markets this year. Photo: Xinhua
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