Monday, July 02, 2007

China and India Pace Asia Stock, M&A Activity

WSJ - Chinese and Indian companies raised the most money from the stock market during the first half, according to a ranking of Asian countries excluding Japan, Australia and New Zealand, from data provider Dealogic.

China and India also led in the mergers-and-acquisitions league, Dealogic data showed Friday. Dealogic's preliminary data will be released in a full report next week.

Fueled by the booming economy, the number of Chinese initial public offerings nearly doubled in the January-June period from a year ago and helped push the number of stock deals in Asia, excluding Japan, up 55% from ... Read More (subscription required)

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