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ANZ far more optimistic about property growth than banking peers

ANZ has far greater expectations of the property market than its banking peers, sticking to its property price growth prediction of 17 per cent this year alone. ....

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China's IPO fundraising sees growth in 2021

China s IPO fundraising sees growth in 2021
By Chen Jia |
chinadaily.com.cn |
Updated: 2021-04-15 18:20
China has seen rapid growth in initial public offerings in the first quarter. [Photo/Sipa]
China has seen rapid growth in initial public offerings in the first quarter, and funds raised through IPOs was up 121 percent year-on-year thanks to an optimistic economic outlook and capital market reform, according to global professional service firm Ernst & Young on Thursday.
The IPO deals increased by 51 percent in China during the period from January to March, which raised about $28.9 billion, the firm said.
The expected full implementation of the registration-based IPO system in China will have a positive effect on the capital market. This is one of the most important reforms in the Chinese capital market, as it will help ensure a long-term and sustained development of the market, according to an EY report. ....

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