With one busy week left on October's IPO calendar, the US IPO market has already churned out 14 deals, more than any month since December of 2007. China-based growth companies have been a major contributor to the welcome uptick in deal activity and show no signs of slowing, as they represent two of this week's six potential issuers. Facing a sluggish and shaky economic recovery on the domestic front, US IPO investors have eagerly snapped up shares of compelling growth stories such as ChinaCache International (CCIH; +71%), Country Style Cooking (CCSC ; +104%) and TAL Education (XRS; +65%). This week, our two highlighted stocks are both backed by Sequoia, and both offer exposure to secular growth in discretionary incomes in China: fashion e-commerce platform Mecox Lane (MCOX) and greenhouse vegetable producer Le Gaga Holdings (GAGA).
Read our full IPO Commentary.
