Chinese companies go abroad for IPO
文章来源: 文章作者: 发布时间:2007-06-13 07:04 字体: [ ]  进入论坛
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Chinanews, Shanghai, June 12 – During the 1990s, many state-owned Chinese companies expanded their business in overseas market. In 2000, a lot of Internet and hi-tech companies went public in the stock market. This year may see another boom when many state-owned enterprises (SOEs) make their IPOs abroad.

 

SOEs' IPO activities may hit a new record this year in terms of their scale, the number of industrial sectors1 in which they belong, and the wide range of places they cover abroad, the Shanghai Securities Journal reported.

 

Over the past five months, many state-owned Chinese companies had gone public in the two major stock exchanges in the US.

 

During the five months of this year, six Chinese companies had made their IPOs in the New York Stock Exchange (NYSE), while in the whole of last year, the total number of Chinese companies that went public in NYSE was only 4. Even of these four companies, some were switched from other stock boards, said Yang Ge, executive director of the New York Stock Exchange in the Asia-Pacific region.

 

The first five months of the year also sow ten Chinese companies had been listed in Nasdaq, while only nine Chinese companies went public in Nasdaq in the whole of last year, said Xu Guangxun, Nasdaq's chief representative in China.

 

Meanwhile, more and more Chinese companies also chose to go listing in the London Stock Exchange (LSE). So far, about 60 Chinese companies had gone listing in the London Stock Exchange and such number is expected to hit 100 by the end of this year. In light of this, LSE may launch the China Index on its board, said Zhu Xiaojian, president of London Stock Exchange in the Asian-Pacific region.

 

Compared with the United States and Europe, few Chinese companies chose to go listing in Japan, South Korea or Germany. However, the situation is also changing now.

 



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1 sectors 218ffb34fa5fb6bc1691e90cd45ad627     
n.部门( sector的名词复数 );领域;防御地区;扇形
参考例句:
  • Berlin was divided into four sectors after the war. 战后柏林分成了4 个区。 来自《简明英汉词典》
  • Industry and agriculture are the two important sectors of the national economy. 工业和农业是国民经济的两个重要部门。 来自《现代汉英综合大词典》
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