Last month, global stock markets suffered a 20 percent loss, which was a record monthly fall that domestic entrepreneurs are becoming more cautious in taking their companies public both at home and overseas. Many hopes of Chinese IT companies of hitting the initial public offering (IPO) jackpot have shrunk because of sharp falls in global stock markets in the past few months.

Not only has the IPO dreams gone, but the hundreds of millions of new Read more…

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Due to the drop down of share price and investor confidence, initial public offerings (IPOs), with no companies going public on mainland last month, have disappeared off the radar.

There were only 30 domestic companies going public in the third quarter this year, down 60.5 percent year-on-year, and the total funds raised on the Shanghai and Shenzhen stock exchanges fell 86.5 percent year-on-year to $3.12 billion, based on Beijing-based investment research and consulting firm ChinaVenture. Read more…

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