Chinese Growth Companies Led The Way In 2009 New-Issue Market
For the IPO market, 2009 was a year of rebuilding. After the disaster of September 2008, new issues were nearly non-existent for two quarters. But IPOs began to blossom in the spring. The pace of new issues picked up toward the end of the year. Come December, 2009 recorded more IPOs than 2008, though due to 2008's huge Visa (V) offering, it didn't raise as much money. The new-issue count of 66 was still anemic by historical standards, the second
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