国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Top Biz News

Shanghai to overtake Hong Kong as king of initial public offerings

By Zhou Yan (China Daily)
Updated: 2009-12-22 08:00
Large Medium Small

The Shanghai Stock Exchange (SSE) is expected to overtake Hong Kong as the world's largest center for initial public offerings (IPOs) in 2010 and is forecast to raise 380 billion yuan ($55.6 billion), according to a report released yesterday by accounting firm Ernst & Young.

"With the economy and the capital markets becoming more stable, coupled with a strong IPO pipeline and market liquidity we forecast that for the SSE alone, IPO value will increase more than two fold in 2010 than this year," said Philip Leung, regional managing partner of China Central, Ernst & Young.

The Shanghai exchange, the bigger one of the mainland's two stock markets, raised $14 billion in the first 11 months of this year, becoming the world's third largest center for IPOs after the Hong Kong Stock Exchange and the New York Stock Exchange.

Ernst & Young projected that the mainland's major bourse will raise a total of 118 billion yuan through IPOs this year, up 62 percent from 2008's 73 billion yuan.

The China Securities Regulatory Commission lifted a ban imposed on IPOs in June after freezing the fund-raising channel for over nine months due to the financial crisis.

Related readings:
Shanghai to overtake Hong Kong as king of initial public offerings Consulting firms eye China's IPO opportunities
Shanghai to overtake Hong Kong as king of initial public offerings Mainland to lead global IPO market recovery
Shanghai to overtake Hong Kong as king of initial public offerings IPO contest with Shanghai to heat up
Shanghai to overtake Hong Kong as king of initial public offerings Hong Kong is IPO dollar-power champ

The Shanghai bourse is expected to end 2009 with nine IPOs, up from five in 2008, led by the world's second largest IPO by China State Construction Engineering Corp (50.1 billion yuan), and topped by Brazil-based lender Banco Santander SA. The China home builder made its debut in Shanghai on July 29.

Construction and financial sector IPOs lead the Shanghai exchange by sector, and raised 71 billion and 22 billion yuan respectively so far this year.

Yuan Yongmin, partner of assurance services at Ernst & Young, pointed out that going into 2010, financials and industrials will remain the hottest sectors by total funds raised in Shanghai.

As for the Shenzhen Stock Exchange, the mainland's smaller bourse, it's estimated to attract 90 IPOs worth 58 billion yuan this year, compared with 31 billion yuan last year.

连平县| 武冈市| 灵璧县| 灌云县| 张家口市| 托克逊县| 白银市| 通海县| 通山县| 东辽县| 安多县| 武冈市| 丰镇市| 巴塘县| 牡丹江市| 秀山| 丹棱县| 凤台县| 凤翔县| 宁海县| 广宗县| 普格县| 葫芦岛市| 盐源县| 双辽市| 井研县| 乌兰察布市| 互助| 玉环县| 天全县| 搜索| 江山市| 武胜县| 阿拉善左旗| 广汉市| 汽车| 瓦房店市| 中方县| 岚皋县| 顺义区| 盘山县|