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NYSE raised US$33.3 bln via IPO in 2011

By Yan Pei
0 Comment(s)Print E-mail China.org.cn, January 11, 2012
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New York Stock Exchange was the world's top IPO destination in 2011. [File photo]

New York Stock Exchange was the world's top IPO destination in 2011. [File photo]

New York Stock Exchange (NYSE) raised US$33.3 billion through initial public offerings (IPOs) in 2011, making it the world's top IPO destination, NYSE's Beijing representative office said Tuesday.

According to the report, stock exchanges under NYSE Euronext raised a total of US$33.3 billion in funds through 104 IPOs last year, 86 of which was conducted on NYSE.

Last year, 7 out of the 11 Chinese companies that went public in the U.S. were landed on NYSE, raising US$1.49 billion.

NYSE Euronext said it is optimistic about its performance this year. There are currently over 120 companies applying for a listing on the conglomerate's stock exchanges in 2012, with an estimated financing volume of US$23 billion, said Scott Cutler, NYSE Euronext's executive vice president.

China's business press carried the story above on Wednesday.

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