Category: IPOs

The US Gets Tough on China’s IPOs and They Shift to Europe

Commentary The United States is getting tough on China’s initial public offerings (IPOs) on Wall Street, so those IPOs are going to Europe. That’s finance for you. Go to where the suckers are. After about $100 billion in international investment in U.S.-listed Chinese companies over two decades, the U.S. Securities and Exchange Commission (SEC) is…


Slow Start Continues as Hong Kong IPOs Saw the Lowest Fundraising in 12 Years

Hong Kong’s initial public offering (IPO) market saw the lowest fundraising rate in 12 years, with IPO proceeds in May slumping to less than $140 million, and totaling a record low of $2.21 billion for the first five months of 2022. Amid the market’s grim outlook, the Hong Kong Exchanges and Clearing (HKEX) plans to…


China’s Top Oil Gaint Plans to Exit Western Markets in Fear of Sanctions, Returning to Domestic IPOs

China is selling its oil fields in the United States, Canada, and Britain due to fear of Western sanctions, according to a recent Reuters report. Experts say Beijing’s over-reliance on U.S. markets and technologies could be fatal in the case of being sanctioned or losing its overseas assets. China’s top offshore oil and gas producer,…


China’s Top Oil Gaint Reportedly Plans to Exit Western Markets in Fear of Sanctions, Returning to Domestic IPOs

China is selling its oil fields in the United States, Canada, and Britain due to fear of Western sanctions, according to a recent Reuters report. Experts say Beijing’s over-reliance on U.S. markets and technologies could be fatal in the case of being sanctioned or losing its overseas assets. China’s top offshore oil and gas producer,…


China to Mandate Cybersecurity Reviews on Tech Firms Seeking Foreign IPOs

Chinese network platform companies seeking foreign initial public offerings (IPOs) are already seeing new regulatory measures upon entering the new year. The new rules enable the Chinese Communist Party (CCP) to tighten its grip on China’s technology sector, experts say. On Jan. 5, the Anti-Monopoly Bureau of China’s State Administration for Market Regulation imposed fines…


China’s New Rules on Foreign IPOs Could Mean More Regulatory Risks for Investment Banks, Expert Says

New Analysis Foreign investment banks are likely to see more regulatory risks when underwriting IPOs for Chinese firms, according to financial analysts. On Dec. 24, 2021, the China Securities Regulatory Commission (CSRC) issued a draft regulation targeting Chinese companies listing abroad. The new rules will require investment banks that assist Chinese firms in obtaining foreign…


A Surge in Stock Offerings

Commentary A couple of weeks ago, the buzz on Wall Street centered on a new stock offering. The heretofore private electric car startup, Rivian, listed its shares on the NASDAQ exchange. This initial public offering (IPO), as such things are called, was the biggest since Alibaba’s 2014 listing. Investors certainly have an appetite for electric…


Hong Kong Stock Exchange Drops Out Of Top Three Global Listing Venues, Amid Beijing’s Restrictions

The Hong Kong Stock Exchange (HKEX) is no longer in the top three global listing venues due to stringent COVID-19 measures and Beijing’s crackdown on private enterprises; analysts believe IPOs in Hong Kong are unlikely to recover in the short term. According to a Bloomberg report on Oct. 29, initial public offerings in Hong Kong…


IPOs Slow Down Globally in Q3 After Frenetic 2021 Start

Initial public offerings (IPO) globally slowed in the third quarter of 2021 from their previous frenetic pace, but the number of listings in the first nine months of the year still was the highest since the dotcom bubble of 2000, according to Refinitiv data. IPOs in the third quarter raised a total of about $94.6…


Global Firms Raise $546 Billion in January as SPAC Frenzy Continues

Companies raised $546 billion from new bond and share issues in January, as a flood of central bank money-printing and recovering stock markets brought record numbers of new listings, special-purpose acquisition company (SPAC) deals, and share sales, Refinitiv data showed on Feb. 3. The numbers included $106.15 billion in initial public offerings (IPOs), SPACs, and…