China’s rapid economic growth is one that cannot be ignored. In the past decade, more domestic or institutional investors have added Chinese securities in their portfolios – Temasek has a huge China exposure and Charlie Munger is known to have invested in China for over 15 years.
China’s Global IPO Dominance
In 2020, the initial public offerings (IPO) size and volume in the domestic China market have hit a historical high in the past 10 years. Chinese firms are dominating the IPO chart and even took the top 3 spots, according to research from EY. China is also the first Asia Pacific country to enter the top 10 spots.
According to Noah Holdings’ Willam Ma, he expects the demand in China IPO to remain strong in 2021.
Fast forward today, many Chinese companies are queuing for their IPOs. A well-known company would be BtyeDance’s Chinese short video platform Douyin.
In a Bloomberg Television interview in March 2021, Bonnie Chan,...