2023-01-26 00:30:10

Chinas IPOs lost their debut oomph, boding ill for punters

Logo South China Morning Post
South China Morning Post
By Zhang Shidong
  • 28 per cent of small-cap newcomers in mainland China fell below their IPO prices on first day of trading in 2022, up from 4 per cent in 2021
  • IPO registration system could be extended to big-cap listings, according to speculation, hurting the prospects for first-day windfalls

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