But There’s No Bubble… China’s IPO Market Leaves U.S. in the Dust

Mainland and Hong Kong exchanges together far surpass U.S. in initial offerings this year

HONG KONG—China has overtaken the U.S. this year as the world’s top venue for initial public offerings, riding a steady stream of small-cap listings in Shanghai and Shenzhen together with several multibillion-dollar brokerage IPOs in Hong Kong.

Source: http://www.wsj.com/articles/chinas-ipo-market-leaves-u-s-in-the-dust-1433446985