Deals
Chinese Dot-com IPOs Fading in 2015 After Record Year
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Debut U.S. stock sales by Chinese Internet companies are poised to drop by about half from last year’s record as the pool of mature startups shrinks and their larger peers are more apt to provide them with needed funding.
About a half-dozen of the companies may hold initial public offerings in New York this year, according to analysts at 86Research Ltd., Rosenblatt Securities Inc., and JG Capital Corp. Among the most likely candidates are Dianping.com, a consumer review website akin to Yelp Inc. in the U.S., and Meituan.com, which runs a discount site similar to Groupon Inc., they said.