Even with a slowdown in China — as well as a weakening real estate market and plunging stock prices — the country’s IPO market continues to be healthy. In fact, for 2011, it was the top place for public offerings.
According to The Globe and Mail, the top exchanges in China — which include Shanghai, Shenzhen and Hong Kong — saw $73 billion in capital raised. This was nearly twice the amount of the New York Stock Exchange and Nasdaq combined.
A key to China’s IPO strength has been the participation of foreign companies. Some of recent listings include Italian fashion label Prada, Swiss commodities trader Glencore and American luggage maker Samsonite. Read