NEW YORK -- Industry analysts say they are confident that China, among other emerging nations, will continue being the star of initial public offerings (IPOs) in 2010, and the U.S. capital market would still be its first choice.
“I'm optimistic that the trend (that Chinese companies raise more IPOs than others) will rise,” said David Y. Wong, managing director of investment banking at Newbridge Securities Corporation, at a panel discussion held on Jan 14 jointly by China Institute, Chinese Business Lawyers Association and Skadden, Arps, Slate, Meagher & Flom LLP (SASMF).
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