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41 companies join January rush to IPOs
By Winny Wang |
February 4, 2010, Thursday
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Online Edition
Online Edition
A TOTAL of 41 Chinese mainland companies launched initial public offerings in global markets last month to raise a combined US$7.1 billion, an industry report said today.
Among them, 37 companies floated shares on the Chinese mainland, compared with 28 in December, to raise US$6.88 billion, Zero2IPO Research Center said.
Fourteen companies launched IPOs on ChiNext, China's Nasdaq-style market to finance smaller businesses, to raise US$1.48 billion, and 19 companies issued shares on the Shenzhen main board to raise US$2.35 billion, the report said.
In overseas markets, two mainland companies were listed on the Nasdaq and two on the New York Stock Exchange.
Nine that were listed on the mainland got support from 15 venture capital and private equity investors to raise a combined US$835 million, and two VC/PE backed foreign-listed firms raised US$183 million.
Among them, 37 companies floated shares on the Chinese mainland, compared with 28 in December, to raise US$6.88 billion, Zero2IPO Research Center said.
Fourteen companies launched IPOs on ChiNext, China's Nasdaq-style market to finance smaller businesses, to raise US$1.48 billion, and 19 companies issued shares on the Shenzhen main board to raise US$2.35 billion, the report said.
In overseas markets, two mainland companies were listed on the Nasdaq and two on the New York Stock Exchange.
Nine that were listed on the mainland got support from 15 venture capital and private equity investors to raise a combined US$835 million, and two VC/PE backed foreign-listed firms raised US$183 million.
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