China's A-share markets to see 300 IPOs in 2012
Updated: 2012-01-28 09:57
(Xinhua)
|
|||||||||
BEIJING - China's A-share markets will see around 300 IPOs in 2012 and the IPO financing will remain stable, predicted Zero2IPO Research Center in its latest report.
Affected by the low sentiment on the secondary markets, the IPO market received 282 listings and raised $43.7 billion in 2011, down 19 percent and 39.3 percent respectively compared with 2010, said the report.
The report predicted that the secondary markets will rebound in 2012 but the IPO market will not see sharp growth as the securities regulator will tighten policies on the IPO approval.
Though China's regulator has vowed to simplify the IPO approval procedures in order to improve financing efficiency, it does not necessarily mean more IPOs, said the Zero2IPO.
The research also said that the average IPO price-earnings ratio in A-share market was 46.94 in 2011, an obvious drop from the previous year. It predicted the figure would stay low in 2012.
Related Stories
Analysts: IPOs to remain common in 2012 2012-01-05 08:01
Groupon's shares fall below IPO price for second time since Nov 2012-01-05 08:01
Chinese IPOs to hit record in Germany 2011-09-23 07:48
Banks' stocks tank on A-share market 2011-08-30 07:50
Hot Topics
Kim Jong-il, Mengniu, train crash probe, Vaclav Havel, New Year, coast guard death, Internet security, Mekong River, Strait of Hormuz, economic work conference
Editor's Picks
|
|
|
|
|
|
