国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Markets

Stocks expected to spring back to life

By Gao Changxin (China Daily) Updated: 2014-01-03 07:42
The equity market is set for a more dynamic year in 2014 as regulators pursue reforms, reports Gao Changxin in Shanghai
Stocks expected to spring back to life

Reform was the primary theme of China's capital markets in 2013. This year is set to be more dramatic.

Last year, markets were mostly stagnant. The gates were shut for domestic initial public offerings as the process of going public was reformed.

There were a few fireworks, such as the June and December cash crunches.

Some investors managed to profit despite the approximately 7 percent decline in the benchmark Shanghai Composite Index; others lost money amid volatility.

This month, the IPO doors are set to swing open again on the Chinese mainland. Reforms are expected to change the market's dynamics and investors, banks and venture capitalists are rethinking market strategies.

More IPOs

The A-share market will experience an IPO rush in 2014. Consultancy and accounting firm Deloitte Touche Tohmatsu has forecast that 230 companies will hit the market, raising up to 170 billion yuan ($27 billion).

The China Securities Regulatory Commission has said that at least 50 IPOs will hit the market in January.

Smaller IPOs will dominate the market, according to Deloitte, as regulators try not to let the flood of IPOs strain market liquidity.

The majority of the 83 companies that have finished CSRC reviews are expected to raise less than 500 million yuan in total. And most of those companies will go public on the growth enterprise board and the small and medium enterprise board.

Ernst & Young has forecast that industrials, technology, media and telecommunications companies will be among the top listing sectors in 2014.

Shaanxi Coal Industry Co Ltd will be a major IPO. The company, 71 percent owned by Shaanxi Coal and Chemical Industrial Group, is hoping to raise 17.25 billion yuan.

So far, 673 companies have lined up to issue shares, and experts believe that it will take at least two years for all of them to go through.

Regulators have said they'll carefully watch for any irregularities among the IPOs, especially artificially high issue prices. Keeping issue prices high has been one of the main ways institutional investors and investment banks have gained at the advantage of smaller investors.

The Hong Kong exchange, which held IPOs for 41 mainland companies in the first 11 months of 2013, will likely see fewer mainland candidates in 2014. Figures from consulting firm China Venture Group show that the funds raised by those 41 companies accounted for 94 percent of the funds that mainland companies raised worldwide during the period.

Previous Page 1 2 3 Next Page

...
...
龙陵县| 九江县| 米泉市| 梧州市| 万载县| 栾城县| 从化市| 沧州市| 韶关市| 综艺| 湖北省| 运城市| 竹北市| 周宁县| 宁陕县| 开原市| 资阳市| 宿迁市| 那坡县| 深水埗区| 桐柏县| 加查县| 乌兰察布市| 和林格尔县| 来宾市| 和田市| 二连浩特市| 孟州市| 萨嘎县| 苗栗市| 阳城县| 建平县| 当涂县| 临沂市| 崇阳县| 昭通市| 通海县| 乌审旗| 锡林浩特市| 惠安县| 松溪县|