Deals
China’s IPO Market Is the Hottest It's Ever Been
- Regulator said to limit size of deals to avoid oversupply
- Average size of first-time offerings is smallest since 2005
China's IPOs Bring Record Returns
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China’s market for initial public offerings is the hottest it’s ever been, thanks to the securities regulator.
The 62 new stocks that have completed their first month of trading this year soared 420 percent on average in the span, the steepest such rally on record, data compiled by Bloomberg show. For a clue as to why: the average size of this year’s offerings has dwindled to $88 million, the smallest since 2005.