China IPO market trounces world with $58 billion boom

China's IPO market has defied headwinds such as rising interest rates and fears of a US recession, which have brought major equity fundraising elsewhere to a virtual standstill. Offerings in the Asian economy - whose monetary policy is diverging from the Federal Reserve - are largely geared toward local investors.

China IPO market trounces world with $58 billion boom
China's IPO market has defied headwinds such as rising interest rates and fears of a US recession, which have brought major equity fundraising elsewhere to a virtual standstill. Offerings in the Asian economy - whose monetary policy is diverging from the Federal Reserve - are largely geared toward local investors.