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Recovery Yet Cautious: China’s IPO Path in 2025
Talking Points Ryan McGrath Talking Points Ryan McGrath

Recovery Yet Cautious: China’s IPO Path in 2025

July 23, 2025 | Ruihan Huang, Director

China’s IPO market is showing early signs of recovery after a sharp regulatory-driven slowdown in 2024. While listing activity has picked up in 2025, the era of high-volume IPOs is unlikely to return, as financial regulators shift focus from rapid expansion to long-term value creation.

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Bridging the Biodiversity Finance Gap: Green Finance as a Catalyst for Global Sustainable Development
Commentary Ryan McGrath Commentary Ryan McGrath

Bridging the Biodiversity Finance Gap: Green Finance as a Catalyst for Global Sustainable Development

June 18, 2025 | Deborah Lehr, Chair and CEO

The global community stands at a critical juncture where the loss of biodiversity is not only an environmental concern but a profound economic and developmental challenge. Biodiversity underpins ecosystem services that are vital for human survival, including food security, disease regulation, and climate stability.

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When Mistakes Need a Manual: China’s Guidance on Acceptable Decision-making
Commentary Ryan McGrath Commentary Ryan McGrath

When Mistakes Need a Manual: China’s Guidance on Acceptable Decision-making

June 9, 2025 | Deborah Lehr, Chair and CEO

In China, a nation known for five-year plans and centrally choreographed actions, it turns out that what’s really hard to plan for is fear of action. In the last year, Chinese authorities quietly released what can be described as guidance for “getting things wrong the right way” – policy guidelines outlining which mistakes by government officials are permissible and which are not.

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Returning to Huzhou, China's Living Laboratory for Green Finance
Commentary Hailey Hartigan Commentary Hailey Hartigan

Returning to Huzhou, China's Living Laboratory for Green Finance

May 15, 2025 | Gracie Sun, Chair of Asia-Pacific

Huzhou always leaves me quietly inspired. I've now visited six times, and each return reveals something new—not only in policy or innovation but in the air, the water, and the spirit of the city itself. Nestled beside the tranquil Taihu Lake and just an hour's high-speed train ride from Shanghai, Huzhou has become one of the most dynamic places in China, where environmental vision meets real-world use.

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