The sky is the limit, but only for so long

Markets | Neil Flynn

Over the past year, with impressive equity returns and investor confidence sky high, many firms have made initial public offerings in the US. In particular, the fortunes of Chinese companies have changed more than any other firms in a short time.

In 2012, US-listed Chinese companies began to delist in large numbers because of concerns about accounting irregularities. But confidence has returned, and large Chinese firms such as the online travel site Qunar, the Twitter-like microblogging service Weibo and the online shopping sites Jumei and JD.com have listed in the US.