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(Image from article: "AgBank confirms greenshoe as IPO hits record $22.1 billion")

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Fears of an IPO Floodgate in China

China's campaign to cut a huge backlog of initial public offerings has failed to deliver. Now there are signs that the authorities could be preparing to reopen the IPO floodgates.

 

Chinese Auto Dealer Plans $433 Million IPO

Chinese motor-vehicle dealer China Yongda Automobiles Services Holdings plans to raise up to $433 million in an initial public offering ahead of its listing in Hong Kong on May 30, people familiar with the situation said.

 

Buffett-Backed BYD Nears Shenzhen IPO

BYD, the Chinese battery and car maker backed by Warren Buffett, said it will kick off investor meetings for its domestic IPO on Thursday.

 

ChinaCache IPO Soars 95% On Nasdaq Debut; Intel Cuts Stake

ChinaCache International Holdings, a provider of Internet content, soared 95% on its Nasdaq trading.

 

AgBank confirms greenshoe as IPO hits record $22.1 billion

AgBank confirms greenshoe as IPO hits record $22.1 billion

Agricultural Bank of China (AgBank) said on Sunday it had fully exercised an over-allotment option for the Shanghai portion of its initial public offering, taking total proceeds from the offer to $22.1 billion, making the IPO the world's biggest.

 

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