Chinese companies will have more confidence in making overseas IPOs this year, especially Europe, a report issued by Zero2IPO Research Center yesterday has predicted.
The report said 75 Chinese companies listed overseas last year, down 41.9 percent year-on-year, raising US$17.81 billion, down 46.5 percent year-on-year. The drops were due to the debt crises in the US and European markets, and the financial fraud scandal surrounding some US-listed Chinese companies.
The next year will see overseas markets seek capital from abroad to boost their vitality, an analyst said.
