Chinese companies are beating their US and European friends early in the yr on fairness financing, aided by optimism concerning the nation’s reopening whereas the developed world grapples with rising rates of interest and recession fears.
The corporations and their shareholders have raised $8.1 billion through follow-on share gross sales and preliminary public choices from Shanghai to New York since 2023 started, versus $4 billion by US corporations and $1.1 billion by these in Europe, Bloomberg-compiled knowledge present.