Chinese IPOs underpricing reveals two characteristics :Firstly it is much more severe than those of other countries.

It is no exception that IPO underpricing is a widespread phenomenon in the stock market of China.

This paper starts with a positive analysis of the underwriting reputation,one of the key factors of influence upon IPO underpricing, drawing on large samples from 1230 IPOs issued between 1990 and 2005 on Chinese stock market,and making use of a new methodology that caters to the Chinese context.

This paper tries to analyze the factors correlating with the underpricing rate and find the fundamental reasons for the high underpricing rate in IPOs in the A share market which mainly includes 3 parts: firstly, it describes the phenomenon of underpricing in IPOs and reviews the studies concerned; secondly, analyses empirically the factors relavent to the.

The model,is used to identify the equilibrium relationship among the influence of the right of allocation,the aim of underpricing level and the inquiry interval.

Empirical Study on Underpricing of China s IPO;

Empirical Study on the Underpricing of IPOs in China s A-shares Market;

A Study on Underpricing and Long-run Underperformance of New Stock in Chinese Securities Market;

An Empirical Study on IPO Under-pricing Based on the Theory of Information Asymmetry;

The Study of Theory of IPO Under-Pricing and Empirical Test of Shanghai and Shenzhen IPO Market;

This paper reviews the literature on IPO s abnormal initial return(AIR) from the perspective of under-pricing in the primary market and overvaluation in the secondary market and gives a different explanation about China s IPO s AIR.