fbpx

Type to search

Europe Outstrips US on China Share Deals For First Time – FT

More than $2.1 billion was raised by five Chinese firms on stocks exchanges in London and Zurich, said the report, more than five times the total raised from listings in New York


London Stock Exchange
A broker looks at financial info on screens on the trading floor in London. Photo: Reuters

 

Chinese firms generated more money through share sales in Europe than the US for the first time this year, The Financial Times reported.

More than $2.1 billion was raised by five Chinese firms on stock exchanges in London and Zurich, said the report, more than five times the total raised from listings in New York.

Read the full report: Financial Times

 

Read more:

Germany Seen Reviewing Ways to Reduce Trade With China

China Inflation Data for August Shows Weak Domestic Demand

China-Russia Trade Surges Despite Global Demand Slump

 

 

Alfie Habershon

Alfie is a Reporter at Asia Financial. He previously lived in Mumbai reporting on India's economy and healthcare for data journalism initiative IndiaSpend, as well as having worked for London based Tortoise Media.