Its been the summer for Chinese IPO’s. Led by their stalwart Alibaba who recently listed in New York, 54 Chinese companies listed across 15 bourses raising more than US$29.8 billion as compared to US$1.93 billion raised during the same time a year ago. While a majority – 29 companies listed on domestic exchanges in Shanghai and Shenzen raising US$2.4 billion, the remaining 25 companies listed overseas including markets – New York, London, Hong Kong, Singapore, Frankfurt and Tokyo. nike goedkoop In September this year, Alibaba, China’s e commerce giant who changed global trade and made China the factory of the world, listed on the NASDAQ, raising US$25 billion. air max pas cher Trading under the ticker BABA, priced at US$68 per share, the Hangzhou based company led by Tai Chi enthusiast Jack Ma, surpassed the 2010 offering from the Agricultural Bank of China, which raised US$22.1 billion in it debut on the Hong Kong Stock Exchange. kanken fjallraven soldes Of the biggest IPOs in history by cash raised, the top three are now all from mainland Chinese companies, with Chinese lender ICBC in third place, while AIA – the Hong Kong-listed insurer – is in fourth, according to data from Thomson Reuters.The company not only raised the bar for Chinese companies already seeking capital internationally, but also raised the stakes for entrepreneurs in China – a budding lot. An English teacher to technocrat Jack Ma successfully steered Alibaba over the years, hammered by the global economic crisis, bruised by a corruption scandal and fighting off fierce competition from Google and Baidu, China’s largest search engine, Alibaba proved the the Chinese model still works. billig nike air max 2016 Whats more interesting is also that Ma looked after his customers and employees first, before his investors. Chaussures Under Armour A rare trait, his benevolence cost him a listing on the Hong Kong stock exchange which he would have preferred over the NYSE. However, the HKSE’s policy on one share, one vote didn’t allow Ma the space to give shares to everyone, yet retain control of the company only in the hands of a few. Enabling this, the NYSE not only formalised the Chinese system of control in the hands of a few but also resulted in HKSE losing a lot of money. Based on the company’s first day of closing share price, Alibaba had a market capitalisation of more than US$230bn – larger than fellow tech giants Facebook and Amazon, and big US companies such as JPMorgan and Procter & Gamble. Had it listed on the Hong Kong exchange, as once planned, 15-year-old Alibaba would have become the city’s third-largest company by market cap, behind only China Mobile and PetroChina.