China News Service, Beijing, December 21 (Reporter Yan Xiaohong) The latest research report shows that A-share IPOs (initial public offerings) have not been affected by the new crown pneumonia epidemic, and the number of IPOs and the amount of funds raised have increased significantly. The total amount of funds raised in 2020 is 2010 New high since the year; the number of IPOs on the Shanghai Stock Exchange ranks first in the world
On the 21st, Ernst & Young released the "Initial Public Offering (IPO) Market Research in Mainland China and Hong Kong" report.
Under the influence of the new crown pneumonia epidemic, global IPO activities have maintained a certain growth. It is estimated that 1,338 companies will be listed globally, an increase of 17% year-on-year; the amount of funds raised has increased by 27%, and is estimated to be US$265.4 billion.
Mainland China and Hong Kong performed very well. The number of IPOs and the amount of funds raised increased by 49% and 55% respectively compared with the same period last year, accounting for 40% and 45% of the global total.
The effective control of the epidemic in Mainland China and the stable operation of the Science and Technology Innovation Board have promoted the A-share IPO fundraising amount to hit a new high since 2010 and the average fundraising amount remained high.
It is worth mentioning that the number of IPOs on the Shanghai Stock Exchange ranks first in the world; according to the amount of funds raised, Chinese companies rank among the top three in the world's top ten IPO rankings.
He Zhaofeng, EY's Greater China IPO Service Lead Partner, said that the new crown pneumonia epidemic has affected the global economy, but the Chinese mainland and Hong Kong markets have performed strongly in terms of the total number of IPOs and the amount of funds raised.
In 2020, the A-share market is expected to have 395 companies IPO for the first time. Due to the listing of many tens of billions of companies and the implementation of the registration system, the amount of funds raised this year reached 470.7 billion yuan, a new high since 2010, and the average amount of funds raised has also maintained High in recent years.
Compared with last year, the number of IPOs and the amount of funds raised increased by 97% and 86% respectively.
From an industry perspective, tens of billions of IPOs have helped technology, media, and communications become the industry with the largest amount of funding, and the industrial industry ranked first in the number of IPOs.
From a regional perspective, Jiangsu and Shanghai ranked first in the number of IPOs and the amount of funds raised. Thanks to the listing of SMIC, Shanghai ranked first in the amount of IPO funds raised, and Beijing ranked second after Shanghai.
(Finish)