The U.S. is losing its share of global IPOs, according to a survey of 50 attorneys whose firms advised on three-quarters of all public offerings for companies on U.S. exchanges this year.
While the U.S. share of IPOs is on the decline, China is expected to be a strong driver of U.S.-based IPO issuance next year, according to the survey conducted by KCSA Strategic Communications. The firm, which specializes in financial public and investor relations, said it found the professionals it polled expect 2011 to be a busy for IPOs.
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