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December 26, 2016

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IPO market stronger than ever

CHINA’S IPO market did better this year as the regulator accelerated approvals in the latter half.

The official Securities Times said 12 companies are expected to go public on the A-share market next week, bringing the number of new listings to 245 in 2016.

This will be the third biggest year on the A-share market in terms of company numbers, behind the 347 listings in 2010 and 277 in 2011.

Last year, 219 companies raised 159 billion yuan (US$23 billion) through IPOs on the mainland despite market volatility over the summer that put offerings on hold.


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