Investors stand in front of an electronic board showing stock information on the first trading day after the week-long Lunar New Year holiday at a brokerage house in Shanghai, China. Chinese companies raised a combined US$31.3 billion from IPO flotations on the Shanghai, Shenzhen and Beijing exchanges in the six months to June. Photo: Reuters
Investors stand in front of an electronic board showing stock information on the first trading day after the week-long Lunar New Year holiday at a brokerage house in Shanghai, China. Chinese companies raised a combined US$31.3 billion from IPO flotations on the Shanghai, Shenzhen and Beijing exchanges in the six months to June. Photo: Reuters
IPO
Business /  China Business

China tops global IPO ranking in first half as issuers leverage capital market reforms, AI frenzy

  • China became a global IPO hotspot with a combined US$31.3 billion raised on the Shanghai, Shenzhen and Beijing exchanges in the six months to June
  • The Chinese IPO market was rejuvenated after capital market reforms made it easier for companies to sell new shares

Zhang Shidong
Zhang Shidong in Shanghai

Updated: 3:30pm, 4 Jul, 2023

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Investors stand in front of an electronic board showing stock information on the first trading day after the week-long Lunar New Year holiday at a brokerage house in Shanghai, China. Chinese companies raised a combined US$31.3 billion from IPO flotations on the Shanghai, Shenzhen and Beijing exchanges in the six months to June. Photo: Reuters
Investors stand in front of an electronic board showing stock information on the first trading day after the week-long Lunar New Year holiday at a brokerage house in Shanghai, China. Chinese companies raised a combined US$31.3 billion from IPO flotations on the Shanghai, Shenzhen and Beijing exchanges in the six months to June. Photo: Reuters
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