Latest News:  
Beijing   Overcast/Thundershower    31 / 22 ℃  City Forecast

Home>>China Business

U.S. delists 19 Chinese companies in H1

(Xinhua)

08:21, July 04, 2012

BEIJING, July 3 (Xinhua) -- Nineteen Chinese companies were delisted from American exchanges during the first half of the year, according to a report issued Tuesday by Ernst & Young's.

Only one Chinese company held a successful initial public offering (IPO) in the United States during the first half, down from 13 in the same period last year.

During the first half, a total of 402 IPOs raised 59.2 billion U.S. dollars worldwide, a decrease of 41 percent by deal numbers and 47 percent lower by capital raised compared to the first half of last year, the report said.

Chinese IPO activity also slowed dramatically from one year earlier. There were 104 IPOs in the A-share market in the first half, raising 73 billion yuan (11.59 billion U.S. dollars), down 38 percent by deal numbers and 58 percent by funds raised from the same period last year, according to the report.

Email|Print|Comments(Editor:厉振羽、张洪宇)

Leave your comment1 comments

  1. Name

wende at 2012-07-0471.251.43.*
It is better for Chinese companies to study US laws and hire US legal experts to staff their ranks because it is detrimental to Chinese companies with the irresponsible negative reports. Chinese companies should be able to sue these irresponsible writers in the court of law.
  

Selections for you


  1. APF troops conduct comprehensive training

  2. Step one of delivering Chinese liquor culture

  3. Urumqi: A nice day in July

  4. Here comes hot summer in E China

Most Popular

Opinions

  1. Transition comes before democracy in Myanmar
  2. Vatican’s religious assertions tangled with politics
  3. Steady economy recovery key to int'l co-op
  4. China, US hold mixed attitudes toward each other
  5. China steps up moves in South China Sea
  6. New rules lay foundation for migrant law
  7. Economy on thin ice with suppressed interest rates
  8. China faces long-term regional annoyances
  9. Japan’s space law shift rattles regional nerves
  10. Experts call for an end to dispute over islands

What's happening in China

Education ministry issues summer safety warning

  1. Discipline official to combat financial corruption
  2. China to give private investment preferences
  3. Shenzhen OK'd to test freer use of yuan
  4. Rising stocks of coal fuel concerns
  5. Huading Award ceremony held in Beijing

China Features

  1. China will retain a high economic growth
  2. Why Chinese people love luxury goods?
  3. Official puts on airs in prison
  4. Beautiful scenery of Inner Mongolia Grassland
  5. Sharpshooter with excellent skills

PD Online Data

  1. Spring Festival
  2. Chinese ethnic odyssey
  3. Yangge in Shaanxi
  4. Gaoqiao in Northern China
  5. The drum dance in Ansai