IPOs in Asia cool down

Posted Jul 14th 2008 12:00PM by Tom Taulli
Filed under: China, Initial public offerings

For 2008, the U.S. IPO market has been fairly bleak, but it is not alone. Things are tough in Asia, too. In fact, according to a report from the Wall Street Journal [a paid publication], about $20 billion in IPOs have been shelved.

The reasons are well-known: a fall-off in equity values; the credit crunch; high oil prices; and a global slowdown in economic growth.

Actually, even if things improve for the second half of 2008, there could still be problems. Why? Well, because there is a large backlog of filings.

All in all, this is serious stuff, especially for China. The country's policy is to maintain a strong economic growth rate. But if companies have difficulties raising equity capital, there is likely to be a drag on GDP.

Tom Taulli is the author of various books, including The Complete M&A Handbook and The Edgar Online Guide to Decoding Financial Statements. He also operates MergerBook.com.

Tags: asia, china, IPOs

Featured Posts

In The News

Subscribe: Subscribe to feed; Add to My AOL; Sub with Bloglines

BloggingStocks bloggers (30 days)

#	Blogger	Posts
1	Joseph Lazzaro	110
2	Tom Johansmeyer	104
3	Steven Mallas	49
4	Connie Madon	48
5	Tom Taulli	44
6	Mark Fightmaster	35
7	Steven Halpern	32
8	Trey Thoelcke	31
9	Brian White	24
10	Paul Foster	23
11	Jon Ogg	21
12	Brent Archer	21
13	Zac Bissonnette	20
14	Melly Alazraki	20
15	Jim Cramer	20
16	Eric Buscemi	16
17	Michael Shulman	13
18	Elizabeth Harrow	12
19	Michael Fowlkes	10
20	Sheldon Liber	10

BloggingStocks Partners

More from AOL Money & Finance

Indexes	Change	Price
DJIA	+73.00	10,270.47
NASDAQ	+18.86	2,167.88
S&P 500	+6.24	1,093.48

Last updated: November 15, 2009: 12:36 PM

BloggingStocks Exclusives

Hot Stocks

DailyFinance Headlines

Latest from BloggingBuyouts

TheFlyOnTheWall.com Headlines

BioHealth Investor Headlines

WalletPop Headlines

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

BloggingStocks Partners

WalletPop Headlines

Other Weblogs Inc. Network blogs you might be interested in:

Skype soap opera ends as founders set to regain stake ahead of $2B sale Big LBOs are teetering, but Wall Street still planning record bonuses Cerberus prepares gun company IPO	Internet holds the answer to combat stress, but in small doses only Twitter valuation off by half: NeXt Up Research Rich still too richly compensated according to richest of them all
Sonos adds a portable music player with room filling sound Psystar dealt crushing blow in ongoing legal proceedings with Apple Apple rejects Unity games on the App Store	Yahoo! Messenger 10 now out of beta with video chat and more Mac-clone company Psystar loses big in Apple lawsuit Make your small business sound big with Grasshopper
de Grisogono Instrumento Tondo RM S58 Watch Experience Sophisticated South Africa with Kensington Tours How to Have a Stress Free Thanksgiving, Dine Out	Internet holds the answer to combat stress, but in small doses only Twitter valuation off by half: NeXt Up Research Is Apple closing in on Microsoft?