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May 14, 2010

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Fall in listings

THIRTY-FIVE companies on the Chinese mainland floated shares on global equity markets last month, compared with 38 firms in March.

The companies raised a combined US$5.29 billion, a rise of 15.3 percent from March. Thirty firms among them launched initial public offerings on the mainland to raise a combined US$4.91 billion, and five companies listed overseas to raise US$380 million, Zero2IPO Research Center said in a report yesterday.

Twelve listed firms were backed by venture capital or private equity investors, which raised US$2.37 billion, and 10 of them floated shares on the mainland to raise US$2.19 billion.



 

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