In June the initial public offering (IPO) of Visanet, a Brazilian credit-card firm, raised almost $5 billion, and there are several other big local offerings in the pipeline.
六月，Visanet（一家巴西的信用卡公司）股票首发(IPO),筹集了几乎五十亿美金，而且还有其他一些大的当地的报盘在进行中。
Much evidence suggests that initial public offerings (IPO) of common stocks are systematically priced at a discount to their subsequent trading price.
许多实证表明普通股的首次公开上市(IPO)的发行定价通常要比它们随后的交易价格折扣许多。
The initial returns of the initial public offerings (IPO) in the a share market in our country is always much higher than those at the average level in the foreign mature markets.
我国A股市场首次公开发行的初始收益率长期以来一直远高于国外成熟市场的平均水平。
Third, exiting through large initial public offerings is unlikely in countries like Turkey and Brazil, where IPO activity is muted and investors like to buy well-known firms;
第三，在土耳其、巴西这些国家，没什么公司会在那里进行首次上市而且投资者喜欢购买知名公司的股票，所以风投公司不可能通过大型的初次上市活动抽身而退；
Third, exiting through large initial public offerings is unlikely in countries like Turkey and Brazil, where IPO activity is muted and investors like to buy well-known firms;
第三，在土耳其、巴西这些国家，没什么公司会在那里进行首次上市而且投资者喜欢购买知名公司的股票，所以风投公司不可能通过大型的初次上市活动抽身而退；
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