Video PlayerClose BEIJING, Nov. 11 (Xinhua) — China saw 143 initial public offerings (IPOs) that raised a total of 162.4 billion yuan (about 23.2 billion U.S. dollars) in the first 10 months of the year, according to the China Securities Regulatory Commission (CSRC), the country’s top securities watchdog. The number of IPOs on the Shanghai and Shenzhen stock markets fell from 436 in 2017 to a five-year low of 105 in 2018, when funds raised dropped 40 percent year on year, data showed. The continued rigourousness of the IPO review process reflects the country’s efforts on capital market reform. The CSRC has been tightening access to IPOs and facilitating exits of unqualified listed firms, said Yan Qingmin, vice chairman of the CSRC. The CSRC is advancing the comprehensive reform of the capital market, with raising the quality of listed firms set as one of the primary targets, Yan said. During the January-October period, 16 companies were delisted, he said, adding that the CSRC will enhance supervision by focusing on companies with high risks.
- Home/ FinanceNew energy battery giant to raise $834m from Shenzhen IPO
- Ethiopia: UAE Reveals 3 Bln Usd Aid, Investment Package
- Xiaomi's IPO may turn the company in the most expensive phone-maker in the world
- Xiaomi sharply curtails valuation ambitions in $6.1 billion IPO
- Chinese startup Xiaomi prepares for Hong Kong IPO as it sets out to challenge Google and Amazon
- Xiaomi seeks to raise up to $6.1 billion in historic IPO
- China's Xiaomi targets Europe as it kicks off US$6.1b IPO
- Tenable files for IPO as Domo goes public after slashing valuation
- Mercari’s top-of-range IPO set to make founder Shintaro Yamada Japan’s newest billionaire
- Xiaomi IPO Has China's Moms and Pops Paying Lei Jun
Chinese firms raise 23 bln USD with IPOs in Jan.-Oct. have 269 words, post on www.xinhuanet.com at November 11, 2019. This is cached page on Vietnam Dance. If you want remove this page, please contact us.