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Average Annual First-day Returns and Volume, for China, Italy, Japan, Taiwan, and the US

Average Annual First-day Returns and Volume, for China, Italy, Japan, Taiwan, and the US. Prof. Jay R. Ritter University of Florida August 2014.

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Average Annual First-day Returns and Volume, for China, Italy, Japan, Taiwan, and the US

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  1. Average Annual First-day Returns and Volume, for China, Italy, Japan, Taiwan, and the US Prof. Jay R. Ritter University of Florida August 2014

  2. Number of Offerings and Average First-day Returns on Chinese IPOs, 1990-2013(There were no IPOs in 2013, due to a CSRC moratorium starting in October 2012) Source: Jia, Xie, and Zhang (2014)

  3. Number of Offerings and Average First-day Returns on Italian IPOs, 1985-2013 Source: Silvio Vismara and others

  4. Number of Offerings and Average First-day Returns on Japanese IPOs, 1980-2013 Source: Takashi Kaneko and others

  5. Annual Volume of IPOs and Average First-day Returns for Taiwan, 1980-2013 Source: Hsuan-Chi Chen and Yao-Min Chiang

  6. Number of Offerings (bars) and Average First-day Returns (yellow) on US IPOs, 1980-2013 Source: Jay Ritter, University of Florida. The number of IPOs excludes closed-end funds, REITs, SPACs, natural resource limited partnerships, ADRs, bank and S&L IPOs, IPOs with an offer price below $5 per share, unit offers, and IPOs that are not CRSP-listed within six months of the IPO.

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