哈希竞彩
热门标签

310竞彩足球胜负(www.99cx.vip):China IPO market trounces the world

时间:1周前   阅读:1   评论:1

310竞彩足球胜负www.99cx.vip)是一个开放皇冠体育网址代理APP下载、皇冠体育网址会员APP下载、皇冠体育网址线路APP下载、皇冠体育网址登录APP下载的官方平台。310竞彩足球胜负上竞彩足球胜负分析专家数据更新最快。310竞彩足球胜负开放皇冠官方会员注册、皇冠官方代理开户等业务。

Active market: A pedestrian walks past a display showing the Shanghai stock index. China’s IPO market has defied headwinds such as rising interest rates and fears of a US recession. — Reuters

BEIJING: From London to Hong Kong, large initial share sales have all but dried up across the world’s major financial centres this year. But the market in China is bustling with activity.

Initial public offerings (IPOs) on mainland exchanges have climbed to US$57.8bil (RM257.3bil) so far in 2022, the largest ever for such a period, according to data compiled by Bloomberg.

There have been five IPOs of above US$1bil (RM4.46bil) since January, and one more is on the way. That’s versus just one such sale each in New York and Hong Kong, and none in London.

China’s IPO market has defied headwinds such as rising interest rates and fears of a US recession, which have brought major equity fundraising elsewhere to a virtual standstill.

Offerings in the Asian economy – whose monetary policy is diverging from the Federal Reserve – are largely geared toward local investors.

The surge in listings, according to some market watchers, is also driven by concern that economic conditions could worsen later in the year as flare-ups in virus cases cause Beijing to stick to the strict zero-Covid strategy.

Top leaders have signalled a softening on this year’s official growth target of around 5.5%, denting optimism about a rebound.

,

博彩网址平台www.99cx.vip)是一个开放皇冠体育网址代理APP下载、皇冠体育网址会员APP下载、皇冠体育网址线路APP下载、皇冠体育网址登录APP下载的官方平台。博彩网址平台上博彩网址平台会员登录线路、博彩网址平台代理网址更新最快。博彩网址平台开放皇冠官方会员注册、皇冠官方代理开户等业务。

,

“Companies have a stronger willingness for IPO because they see the first half as a better time window to get listed than the time ahead,” said Shen Meng, a director at investment bank Chanson & Co.

“They have a weaker outlook for the market and worry that factors including earnings uncertainty could make listing in the future harder than now.”

With companies rushing to list, China’s share in global IPO proceeds has more than tripled to 44% this year from 13% at end-2021, according to data compiled by Bloomberg.

Better performance of newly traded stocks has also been a draw for listing hopefuls. Shares of mainland IPOs are up by an average 43% this year over their listing price, versus the 13% drop seen in Hong Kong.

Meanwhile, China’s benchmark CSI 300 Index has fallen about 16% since Dec 31 – one of the worst performers among major global equity gauges – as investors have had to grapple with stringent Covid curbs, a deepening real-estate crisis and a continued crackdown on Internet giants.

To be sure, new share sales owe part of their strong performance to the fact that valuation during the IPO is capped by local rules. That typically ends up leaving some gains on the table for the newcomers – flops happen, but they’re rare.

Some of the deals that boosted the tally in China have political undertones. Telecom provider China Mobile Ltd.and energy producer CNOOC Ltd, the biggest debuts of 2022, both listed at home after being kicked out of the United States following their inclusion on a Donald Trump-era blacklist.

上一篇:足球预测网(www.hgbbs.vip):Wall Street falls after red-hot inflation data

下一篇:PPB Group 2Q net profit rises to RM693.41mil, declares 12 sen dividend

网友评论

  • 2022-09-19 00:46:15

    霸气的出场似乎并没有引起大家的注意。只见王思聪双手高举,展开怀抱,口中仿佛怒吼:“我们夺冠啦!”(心里面可能在想,大家快来抱我,我出现了,我是你们的老板,我要抱抱。)然而大家似乎太过忘情了,根本没有注意到老板的出现,只是在幸福地哭泣,庆祝,抱在一起。而老板,在风中凌乱,面带着稍微有点尴尬的表情!粉丝都是小宝贝