China-Based IPOs Raised $11.7 Billion In 2020
PYMNTS
DECEMBER 18, 2020
The IPO rate for Chinese companies is the highest since Alibaba’s massive market debut in 2014, according to CNBC , citing a new report from Renaissance Capital. The last big Chinese IPO rush occurred in 2014, when 14 companies, including eCommerce titan Alibaba, raised $25.7 market for 2020, according to Renaissance Capital.
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