On Chinese IPOs.

• Author: Rees, Matthew
• Position: Just the facts: TIE's Executive News Service - Initial public offerings - Brief article

"By normal standards, investors in Chinese shares ought to be ecstatic. Over the past twelve months prices on the Hong Kong, Shanghai, and Shenzhen stock exchanges have leapt by 45 percent, 83 percent, and 132 percent respectively.... Yet the mood is darkening. Of the fifteen largest offerings to have debuted on the mainland exchanges this year, the share prices of eight are below their first-day...