China's IPOs
Submitted by Megan Cole on Mon, 10/02/2006 - 16:33.
The Top Ten IPO's are in China - Quelle Surprise.
And they're all banks.
This past week-end, Sinclair Stewart of the Globe and Mail wrote an article in the business section on the top 10 IPO's, all of which are in China, and all of which are banks.
There is money to be made in investing into "The Big Four" and for investment banks on advisories for the means to reform, but there are skeptics who have a lot to comment on bad loans and ill-fated financial blow-ups.
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