Chinese Company Listings To Move West

Will 2010 see a continuation of 2009's global dominance of Chinese IPOs? Upon first inspection, it would seem so: in Q110, China led all markets in terms of deal flow, with 39 companies going public and raising US$12.3bn. Five of the top 10 global performers were China-traded tech companies, with a 111.8% average return. Specifically, China-traded IPOs posted impressive returns with a blistering 44.8% average rise and Shanghai accounted for 15 of the top 20 global performers. Yet despite this, CFW believes that smaller Chinese companies will increasingly set their sights on North American listings, as domestic economic conditions, such

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