A-share IPOs forecast to pick up

Analysts expect rate of new mainland listings to recover in second half of 2019

Initial public offerings on the Chinese mainland's A-share market are expected to stabilize and recover in the second half of 2019, according to PwC forecasts.

"We predict the A-share market will remain in a cautious mood during the first half of 2019, but will stabilize and recover in the second half due to marginal improvements in bearish situations," said Frank Lyn, markets leader of PwC for the Chinese mainland and Hong Kong.