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Record surge in IPOs expected to continue

By Fabiola Moura | China Daily | Updated: 2010-10-20 08:21

Record surge in IPOs expected to continue

People walk in front of a Citibank branch in New York. Citigroup says emerging markets currently account for a record 25 percent of global equity market value. Michael Nagle / Bloomberg

New York - The record surge in stock offerings that helped send developing nations' share of global market capitalization to an all-time high will probably last another two years, according to Citigroup Inc.

Record surge in IPOs expected to continue

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