SEC Raises Requirement for Chinese Companies for U.S. Listings; Chinese Companies Looking Elsewhere
Chinese initial public offerings (IPOs) could be hot again this year, but don’t look to America as the breeding grounds: the flow to the U.S. is dead.
The much sought after Groupon IPO seems to be on the calendar again. Unfortunately for Groupon, they were a little late to the party. Speculative internet companies like Pandora (P:NYSE) and Renren (RENN:NASDAQ) took advantage of the broader market conditions and a roaring IPO market and captured a first day valuation that is regretted by many investors who went long the respective names.
(Investorideas.com newswire) New York, NY - The US IPO market of today bears only a faint resemblance to the roaring 90s, which culminated in the dot-com craze and bursting of the tech bubble in 2000. In recent years the biggest splashes in IPOs were made by such familiar names as Visa (V) and General Motors (GM).
Hot IPOs Coming Your Way: Why Innovation Will Lead Our Recovery
Most folks have long since left the IPO market for dead… and it’s no wonder.
Scan the financial markets and very little - if anything - is consistently moving in a positive direction. And the latest economic data - unemployment, home foreclosures, bankruptcy filings, consumer spending - only underscores how far and wide this recession is cutting.