H2 IPOs seen down, but richer

Updated 2017-07-04 09:29:34 Shanghai Daily

The number of Initial public offerings on the mainland will slow in the second half but the average size will increase, with some large deals in the pipeline, and the 2017 total is forecast to top .4 billion, a PricewaterhouseCoopers report said yesterday.

IPOs will number 320-350 and raise 220 billion-250-billion yuan (.4 billion-.6 billion) for the full year — at least 100 billion yuan in the second half.

That means the average size of IPOs will be larger than the first half, with the possibility of some mega-sized IPOs before year-end.

The main sectors will continue to be manufacturing, consumer goods and services, but the report forecasts an increase in technology, media and telecommunications and the games industry. IPOs will gradually slow in the next 1-2years. Complicated due diligence rules will also affect the sector.

Also in the News

Nicole Kidman Recalls Oscar Glory: Loneliest Time
Showbiz2016/06/16 13:58January 22 2018 06:41:37

Nicole Kidman Recalls Oscar Glory: Loneliest Time

Attending Shanghai International Film Festival, Nicole Kidman talks about her role in "Grace of Monaco".

Labor Day Travel Peak Starts
Also in the News2014/05/01 12:16January 22 2018 06:41:37

Labor Day Travel Peak Starts

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'
Also in the News2014/04/18 13:18January 22 2018 06:41:37

Johnny Depp Delivers a Speech 'Evolve the Future' in 'Transcendence'

Hollywood star Johnny Depp's speech in the upcoming new film "Transcendence" has been disclosed on Friday, April 11th.

Most Watched

China World Business Sports Showbiz Audio
C4 My Chinese Life The Sound Stage China Revealed Showbiz Video Travel Video
China World Fun Travel Entertainment Sports
Beijing Shanghai Guangzhou
Live Music Opera & Classical Movies Traditional Shows Exhibitions
Learn Chinese:
Chinese Studio Living Chinese Everyday Chinese Just For Fun Chinese Culture Buzzwords