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IPOs in mainland China jump as global issuance plummets

3 min read . Updated: 13 Jun 2022, 06:02 PM IST DAVE SEBASTIAN, The Wall Street Journal

Global dollar value of IPOs fell 71% this year, while Hong Kong IPO volumes have tumbled 92%

New listings in China are breaking records even as turbulent markets cast a pall over the global initial public offering business.