Published: 2010/01/05
SHANGHAI: China and Hong Kong’s IPO market may jump by half to 584 billion yuan or US$86 billion (US$1 = RM3.42) in 2010, set to eclipse US and UK markets for the second year in a row, as China’s economic growth and ample liquidity make initial public offerings attractive, PricewaterhouseCoopers said yesterday.
Money raised through IPOs this year is expected to reach 320 billion yuan in the mainland and 264 billion yuan in Hong Kong, PWC forecast.
China and Hong Kong’s IPO market totalled 400.2 billion yuan in 2009, the biggest in the world. — Reuters
About Me
- Nuang
- Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;
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