More companies raise funds from A-share market
By Jiang Xueqing | China Daily | Updated: 2017-12-28 07:56
New listings in the A-share market rose 92 percent from a year ago in 2017 with 436 companies raising fresh funds of 230.4 billion yuan ($35 billion) in the Shanghai and Shenzhen bourses, said a new report.
It also surpassed the earlier record of 347 IPOs set in 2010, said the report.
The total number of IPOs on the Chinese mainland and Hong Kong, which saw floats from 160 companies in 2017, ensured that the two markets lead the world in terms of deal numbers.
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