Page "Initial public offering" Paragraph 53

Prior to 2009, the United States was the leading issuer of IPOs in terms of total value.

Since that time, however, China ( Shanghai, Shenzhen and Hong Kong ) has been the leading issuer, raising $ 73 billion ( almost double the amount of money raised on the New York Stock Exchange and NASDAQ combined ) up to the end of November 2011.

The Hong Kong Stock Exchange raised 30. 9 billion in 2011 as the top course for the third year in a row, while New York raised 30. 7 billion.