PricewaterhouseCoopers forecasts released yesterday, the Chinese mainland IPO market will recover in 2009, the year 2009 is expected to have 88 new shares will be issued, the financing will reach 152 billion yuan, representing an increase of 103.5 billion yuan this year nearly 47%.
PwC forecast that China was the year before IPO financing in 2008 will amount up to 4800 billion yuan, but the return of red chips become a fantasy, and the failure to anticipate a later sub-prime crisis impact, making a lot of preparation in 2008 listed companies last year second half of the suspension of IPO, 2007 China's mainland stock market IPO financing 477.1 billion yuan of the historical record is so difficult for them to refresh.
For 2009, the stock market, PricewaterhouseCoopers remain cautiously optimistic. PricewaterhouseCoopers predicts that this year's Shanghai and Shenzhen A-share IPO for the number eight, the financing capacity of 120 billion yuan, slightly higher than the IPO financing in 2008 the number of six, the amount of 73.4 billion yuan financing; in Shenzhen SME board is expected to 80 new shares will be issued, the financing of about 32 billion yuan.
PwC China Managing Partner Frank Lyn Yee Chon introduced China's large enterprises may be more future financing will draw on international stronger Hong Kong stock market, IPO next year to "A + H" form will become mainstream.