Biz Beat Ep. 650 Chinese companies dominate the global IPO market

Chinese companies are dominating the global market for Initial Public Offerings (IPO). The high inflation and rising interest rates have led to a sharp decline in the U. S. IPO activity in 2022, while additional uncertainty from the banking turmoil has deterred companies from listing in the U. S. In the first four months of this year, Chinese companies raised nearly 20 billion on mainland stock exchanges compared with 4 billion in the U. S. In this episode of BizBeat, CGTN s Aaron Liu explains.