Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Bloomberg Customers

Chinese IPOs piling up as market races higher

Posted by: Aaron Pressman on October 18, 2007

The leading Chinese stock market index has doubled on the year, the iShares FTSE/Xinhua China 25 ETF (Symbol: FXI) is up 90%, one of the best performing initial public offering this year is JA Solar Holdings (JASO) and, surprise, surprise, the line of Chinese companies hoping to debut in the U.S. market is rapidly growing.

Any minute, we’re expecting Noah Education Holdings to go public under the symbol “NED.” Today, Chinese insurer CNINSURE said it plans to sell shares worth up to $150 million and online gaming company Giant Interactive Group wants $800 million. Yesterday, Chinese drug store chain Nepstar filed for its own offering without specifying pricing yet.

All this action makes one nervous, to say the least. Hedge fund manager, Wallstrip founder and mega trend-follower Howard Lindzon issued a simple warning today: Don’t be a hog.

Reader Comments


October 19, 2007 3:20 PM

In the beginning of year I sought out a fund that would allow me to get into China and came accross the ishares. There werent many people looking at this fund then and it was difficult to find. The results this year were incredible and its been hard to not pour more money in. But, just as you see today (its down 5%) its a volitile little sucker.

Post a comment



Bloomberg Businessweek’s Ben Steverman focuses on the latest moves in financial markets and emerging trends in stocks, bonds, and funds, always with an eye toward giving readers a better understanding of the sometimes confusing and often chaotic world of money. Standard & Poor’s senior index analyst Howard Silverblatt will also provide his take on companies’ finances and the markets. Voted one of the “Top 100 Finance Blogs” in 2007.

BW Mall - Sponsored Links

Buy a link now!