China confronts Coronavirus to top international IPO listings in the first quarter

1 min read | April 01, 2020 06:36 PM AEDT | By Team Kalkine Media

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China surpassed the United States as the world’s most popular venue for stock market listings in the first quarter, as the COVID-19 pandemic ravaged through the two biggest economies of the globe.
As per the Dealogic data, IPOs and secondary listings in the Chinese financial centres of Shanghai and Shenzhen raised over $11 billion in the first three months of the year around 50 deals.

This surpassed the combined transportation of the NYSE and the Nasdaq which soared ~$10.5 billion from 37 IPOs, for the first time since 2016.

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