by Ossie Froggatt-Smith

This Valentines’ Day the Chinese year of the tiger begins. 2009, year of the ox, saw China rise to the top of the IPO market. Chinese companies going to market sold $50.4 billion worth of shares in 183 deals, 45 percent of global IPO volume compared to the US’ $24 billion from 54 companies. There is no bear in Chinese astrology. (more…)