A hundred and ninety-one initial public offerings have been priced so far this year as of Nov 2nd, 2007:

- 114 IPOs are currently trading above initial offering price;
- 69 are trading below the offering price;
- and 8 are trading at their offer price.

Eight IPOs were priced during the week of October 29th, 2007. There are as much as seventeen deals on deck for the next week, hoping to raise nearly $3 billion.

IPO PERFORMANCE

The first-day performance of Chinese insurance agency and brokerage CNinsure (CISG: chart) marks as the third best among Chinese initial public offerings on U.S. stock market so far this year.

American depositary shares of the company closed up 58% on Wednesday, a day after the initial public offering of 11.8 million ADSs priced at $16 per share, well above expectations of $13 to $15, raising $188 million. The range was increased earlier from the original $11 to $13 per ADS.

Each ADS represents 20 ordinary shares.

Morgan Stanley was the lead underwriter on the deal.

CNinsure, an independent agency which has been in business since 1999, has about 11,0000 sales professionals in outlets operating from eight of China''s 22 provinces.

The shares ended the week at $24.6, up 54% from the offering price.

Shares of Giant Interactive Group Inc (GA: chart) gained 23% on Thursday, continuing the successful performances of Chinese IPOs on U.S. stock market the current year.

One of the leading Chinese online game maker raised $886 million with its offering.

On Wednesday, the company offered 57.2 million American depositary shares priced at $15.50 a share, above the expected range of $12 to $14.

Merrill Lynch and UBS were the lead underwriters on the deal.

Giant Interactive is the largest IPO by a Chinese company on U.S. markets so far this year.

The Shanghai-based company has granted the underwriters an option to purchase up to 8.6 million ADSs to cover over-allotments.

China is the world''s second-biggest Internet market by users, after the United States, with more than 160 million Web users at the end of June, according to the China Internet Network Information Center, a government-backed agency that licenses online domain names.

The shares ended the week at $19.2, up 24% from the offering price.

Shares of Neutral Tandem (TNDM: chart) soared 45% on Friday, a day after the company priced its initial public offering of 6.65 million shares at $14 a share, above the forecast range of $11 to $13, raising $92 million.

The company offered 6.25 million shares in the offering, while selling stockholders sold the remaining 400,000 shares.