China set to be world鈥檚 biggest IPO market in H1
Print Edition
CHINA is set to be the world’s largest market for initial public offerings in the first half of this year due to a bullish capital market and favorable regulations, an industry report said.
So far this year, 241 companies have listed in China, raising an aggregated US$40 billion, according to the quarterly Ernst & Young Global IPO Trends released yesterday. China ranked first in both the number of deals and capital raised, followed by the US, which saw 101 IPOs raising US$19.7 billion, the report said.
The Chinese mainland’s A-share market drew 190 new listings in the first half, up 265 percent year on year, and they raised a total of 147 billion yuan (US$23.7 billion), a 316 percent increase year on year.
“The Chinese mainland’s strong IPO activity can be attributed to the robust capital market, faster approvals for IPOs, a swath of reforms to liberalize the market and favorable monetary policies supporting the economy,” said Tang Zhenhui, EY Assurance Partner. The Shenzhen and Shanghai bourses ranked first and second in the world by number of deals, while the Shanghai and Hong Kong exchanges were the top two by proceeds, the report said.
In China, financial companies raised the most funds at US$15.9 billion, followed by US$5.1 billion by industrial firms and US$3.7 billion by technology enterprises.
- About Us
- |
- Terms of Use
- |
-
RSS - |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔＄粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.
