Mumbai to Lead in IPOs as Listings Drop 30% Across Chinese Financial Centers
- Number of IPOs in Mumbai expected to rise 45% this year to 209
- New listings in Shenzhen, Shanghai and Hong Kong to fall by around 30%
- Mumbai to have more IPOs than any financial center in China
- 126 IPOs expected in Shenzhen, down 33%
- 99 IPOs expected in Shanghai, down 36%