Posted on

China’s IPO market is set to keep booming in 2021, says investor – CNBC



Share

SINGAPORE — China’s IPO market is set to keep booming next year even after a blockbuster 2020, according to the chief investment officer of a Chinese financial services firm.It has been a “very exciting” year for China’s domestic stock market, William Ma of Noah Holdings (Hong Kong) told CNBC’s “Squawk Box Asia” on Monday, adding about $75 billion has been raised from roughly 400 listings.”In terms of the IPO size and volume in the domestic China market, it has hit historical … peak in the past 10 years,” said Ma, chief investment officer at the firm.That trend looks likely to continue, he said, …

Read More