Latest News:  
Beijing   Sunny/Cloudy    13 / 1 ℃  City Forecast


China's IPO activity expected to pick up in 2013: Ernst & Young


08:35, December 20, 2012

HONG KONG, Dec. 19 (Xinhua) -- After a weakened IPO activity in greater China in 2012 due to lack of maga deals, Ernst & Young expects China's IPO market to pick up in 2013 as the global economy recovers and the government's supportive policies start to take effect, the accounting firm said Wednesday.

The assurance partner of Ernst & Young Patrick Law said following the lifting of restrictions for the mainland China's companies to list in Hong Kong, more small and medium sized enterprises will complete their IPOs in Hong Kong by the issue of H-Shares in a wide range of sectors, particularly the real estate firms.

He expects that over 80 IPOs will take place in Hong Kong in 2013 compared with 60 in 2012, and the total funds are expected to be raised will reach about 130 billion HK dollars (about 16.8 billion U.S. dollars) compared to 103 billion HK dollars this year.

Law also expects an increase in IPO activities for A-Shares next year as the introduction of new government policies within a short period of time in the second quarter in 2013 drives IPO activities for those companies benefiting from the measures.

【1】 【2】

We recommend:

'Boeing Dreamliner riddled with errors

The spending of China's rich

China to open world's longest high-speed railway

Christmas Wedding Expo closes in Hong Kong

Harbin-Dalian high-speed railway starts operation

New wave of communication tools

Alibaba's 2012 transaction volume hits 1 trln yuan

China's savings rate world's highest

IPhone 5 goes on sale in China


Leave your comment0 comments

  1. Name


Selections for you

  1. PLA marines in armed parachute training

  2. Chinese navy ships visit Sydney, Australia

  3. S.Korean presidential election: She or He

  4. Sex case leads to warnings about apps

  5. Attentions to 'left-behind children'

  6. Large cities see home prices rise

  7. China launches TCM resource center

  8. Incredible Shots of the Exotic Peacock Spider

Most Popular


  1. Lifting US' veil of 'peace defender'
  2. Be wary of 'peepers' in mobile phones
  3. Only local players represent future of CBA
  4. Abe 'must change' to build ties
  5. Gloomy markets defy expected growth
  6. Don't let Chinese characters be a world heritage
  7. Behind annual Chinese Writers Rich List
  8. China firms 'don't communicate enough'
  9. Who can free Chinese couples from baby tangle?
  10. No easy path in sight for China's economic future

What’s happening in China

Sex case leads to warnings about apps on smartphones

  1. China temperatures to plunge
  2. China fulfills annual employment targets early
  3. Experts warn against social conflicts in China
  4. Laws imperative to curb Internet irregularities
  5. Urban residents feel high economic pressure