The latest data from the Shanghai and Shenzhen Stock Exchanges indicate that a total of 297 companies have raised in excess of 149.3 billion yuan (USD$22.36 billion) thus far this year.
Data released by the Shanghai Stock Exchange indicates that as of 11 August 144 companies have completed their IPO’s on its main board, raising a total of 88.665 billion yuan in funds.
An additional 14 companies are in the process of issuance, while 27 companies are awaiting approval from regulators for their IPO.
On Shenzhen’s SME board a total of 51 companies have completed their IPO’s, raising 23.685 billion yuan in funds.
Four companies are currently in the process of issuance, while 8 companies are awaiting approval.
102 companies have completed their IPO’s on Shenzhen’s ChiNext board, raising 37.034 billion yuan, with five more companies in the process of issuance and 15 companies waiting on approval.
Data released by the China Securities Regulatory Exchange indicates that as of 11 August a total of 626 companies have applied for IPO’s on either the Shanghai or Shenzhen Stock Exchanges.
292 companies are seeking listing in Shanghai, 93 companies hope to launch on Shenzhen’s SME board, and 241 want to make their IPO’s via Shenzhen’s ChiNext.