Shanghai
SO much money is chasing after China's next round of initial public offerings (IPOs) that the nation's US$4.3 trillion stock market has become hostage to the fundraising plans of companies seeking just US$1.3 billion.
As brokers take orders this week for the next 11 IPOs, investors are bracing for short-term swings in shares. In the six previous periods when authorities allowed IPOs, the Shanghai Composite Index fell an average 0.7 per cent in the run-up to bidding, then rose 3.3 per cent in the five days after it ended.
...
Keyword added to your list