Listing by China’s biggest investment bank, first flotation of Chinese depositary receipts in Shanghai set stage for Ant dual IPO


Source: scmp.com scmp.com

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China ranks second with US$55.1 billion raised through IPOs this year, according to Bloomberg, behind New York and ahead of Hong Kong Investor enthusiasm and a government push for more listings by home-grown technology companies have fuelled a boom in IPOs this year All eyes are on Shanghai, where four out of five initial public offerings are due this week in China, including the country’s very first sale of Chinese depositary receipts. All eyes are on Shanghai, where four out of five initial public offerings (IPOs) are due this week in China, including the country’s very first sale of Chinese...