Chinese enterprises raised $7.273 billion through IPO in March
Post Date: 08 Apr 2011 Viewed: 511
A total of 36 Chinese enterprises raised $7.273 billion (47.6 billion yuan) in IPO (Initial Public Offering) at domestic and overseas capital markets in March, up 58.5 percent in financing volume year-on-year, said consulting company Zero2IPO in its report Tuesday.
Of the 36, 30 raised $5.218 billion through IPO at domestic exchanges, while the other 6 raised $2.056 billion at overseas markets.
Shenzhen Stock Exchange was the most active market, with 14 companies' IPOs on the Small and Medium Enterprisse Board, raising $2.635 billion; and 13 on Growth Enterprise Market (GME) raised $2.04 billion.