Tech firms take the IPO limelight
By Fan Feifei | China Daily | Updated: 2018-04-11 07:48
Sector leads in number of public floats during second half of 2017, says PwC
China's technology, media and telecommunications (TMT) sectors saw 49 initial public offerings in the second half of 2017, garnering a total of 50.2 billion yuan ($8 billion), according to global accounting firm PwC.
CDRs, or China Depositary Receipts, are expected to be launched soon, which will lead to more listing options for China's TMT enterprises this year.
Photo