China set to be the world’s largest IP market
According to the quarterly Ernest & Young Global IPO Trends, so far this year, 241 companies have listed in China, raising an aggregated US$40 billion. According to the same report, China is set to be the world’s largest market for initial public offerings due to a bullish capital market and favorable regulations.
China ranked first in both the number of deals and capital raised, followed by the USA, which saw 101 IPOs raising US$19.7 billion.
Click here for the original article in ShanghaiDaily.com