220 Chinese enterprises raise USD37.96 bln globally via IPOs in H1

BEIJING, July 7 (Xinhua) — A total of 220 Chinese firms conducted successful initial public offerings (IPOs) on both domestic and overseas capital markets in the first half of this year, accounting for 45.2 percent of global total, raising 37.96 billion US dollars, accounting for 57 percent of global total, according to statistics from investment research company Zero2IPO.

Globally, 487 companies conducted IPOs during H1, up 52.7 percent year on year, raising 66.609 billion US dollars, down 25.3 percent year on year, said Zero2IPO on Tuesday.

Among the 220 Chinese enterprises, 187 were listed on China’s A-share market, raising 23.572 billion yuan. In a breakdown, 78 were listed on the Shanghai Stock Exchange and 74 were listed on the SME board of the Shenzhen Stock Exchange.

Meanwhile, 33 Chinese enterprises were listed on 5 overseas capital markets, raising 14.388 billion yuan, up 42.8 percent year on year.  Enditem

Editor Xuefei Chen Axelsson