Until investors become more hospitable to companies like these, such offerings are likely to remain on hold.
But mutual funds report that investors in stock are becoming more careful.
"It appears as though investors are becoming somewhat less cautious."
By the time the figures were being reported in April, investors had become jumpy.
But investors have become accustomed to fat returns, and they continue to look for stocks that will provide them.
He said investors had become spoiled by the prolonged bull market.
In a few months, investors may become less risk averse if they see the world has not collapsed.
But investors have become more bullish on at least one investment of late: cash.
But the real concern may be whether investors have become too giddy.
As a result international investors are becoming a little less negative on China.