Chinese A-Share IPOs, funds raised will hit record high in 2021: report


Source: pdnews.cn pdnews.cn

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BEIJING, Dec. 18 (Xinhua) -- Companies listed on Chinese A-Share market through initial public offerings (IPOs) and the funds raised will hit a record high in 2021, according to a recent report released by the consulting firm Ernst & Young (EY). File photo: CFP A total of 492 companies are estimated to be listed on the Chinese A-share market in 2021, up 25 percent year on year, and the proceeds raised expanded by 14 percent from a year ago to reach 536.3 billion yuan (about 84.26 billion US dollars), data from the report showed. The Shanghai and Shenzhen stock exchanges...