Quality, quantity of IPOs rise on the back of reforms

The number of IPOs in the A-share market in the first half of this year surged 303 percent year-on-year to 246 on the back of reforms, according to Wind Information data.

The 246 IPOs raised about 125.6 billion yuan ($18.48 billion) in all for their companies, up 336 percent year-on-year.

This year's IPOs first went through strict examination of the companies' credentials and financials by the market regulators.