US listings from China have slumped 95% year-on-year as rich valuations in the private placement market encourage fast-growing companies to delay their public offerings. Bucking the trend, Alibaba-backed e-commerce company Baozun filed for a Nasdaq IPO on April 17. At a proposed fundraising size of US$200m, it is se
A sudden surge in Hong Kong’s equity market unleashed a frenzy of block trades, with US$3.4bn of such deals getting done in just over a week since the Easter break.
The Shanghai Stock Exchange has, for the first time in years, surpassed the Stock Exchange of Hong Kong and longstanding leader New York Stock Exchange to become the world’s most active bourse for initial public offerings in the first quarter of the year.