Chinese companies listing on the mainland and in Hong Kong have raised four times more than European and US issuers combined so far this year, highlighting the strength of investor appetite for initial public offerings in the region.
The world's two largest IPOs this year came from China State Construction Engineering and Metallurgical Corp of China (MCC), the construction and engineering company that yesterday made its Shanghai debut after raising $5.12bn in a dual listing this month.
Chinese issuers have raised $21.9bn this year compared with a combined $5.4bn raised by European and US issuers, according to figures from Dealogic. Asian issuers have raised a total of $28.4bn since January.
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