Goldman Shunning China Deals Loses Out on Busiest IPO Market

Goldman Shunning China Deals Loses Out on Busiest IPO Market

Qilai Shen/Bloomberg

An investor monitors and trades stocks at a securities exchange in Shanghai, China. Analysts at New York-based Goldman Sachs have forecast that the value of firms trading on Chinese bourses will swell to $41 trillion in 2030, surpassing the U.S. as the world’s largest equity market.