Mainland IPO value to top world in 2010
Updated: 2010-11-17 11:16
By Hao Yan (chinadaily.com.cn)
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MixxThe Chinese mainland stock market is set to top the world this year in the value of initial public offerings (IPO), the 21st Century Business Herald reported on Tuesday.
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Meanwhile, the Hong Kong Stock Exchange, the top IPO market in 2009, has raised 315.6 billion yuan, the report said, citing the World Federation of Exchanges.
In foreign markets, the New York Stock Exchange had raised only 84.3 billion yuan by October, while 74.6 billion yuan had been raised on the London Stock Exchange, according to the report.
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