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China fears spook would-be investors in IPOs

Discussion in 'Market News' started by Lily, Oct 7, 2015.

  1. Lily

    Lily Forum Member

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    PwC says amount raised from flotations in London during third quarter was already down 43% compared with last year

    Potential investors in companies hoping to raise funds on European markets through stock market flotations have been “spooked” by fears over slowing growth in China, according to PwC, one of the largest professional services firms in the world.

    “The last two months have been a slightly hair-raising rollercoaster ride – we have watched the fallout from the Chinese stock market turmoil as volatility indices rose to levels not seen since 2011,” Vivienne Maclachlan, PwC’s director of the UK Capital Markets Group, said. “Bankers are asking when is the time to launch.”

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