left corner left corner
    China Daily Website

    Depressed market for China's IPOs

    Updated: 2013-03-29 09:21
    By Cai Xiao ( China Daily)

    Only 10 Chinese mainland companies were listed in the first quarter of 2013 with total financing of 6.3 billion yuan ($1.01 billion), a drop of 84 percent year-on-year, according to a report by ChinaVenture Group on Thursday.

    The 10 firms all went public in Hong Kong, with one of them invested by private equity and venture capital.

    With IPOs in the A-share market stagnating and those in the United States inactive, the number of Chinese companies listing in the first quarter and the finance involved were the lowest since 2009.

    The average financing for an IPO for Chinese companies in the first quarter was 630 million yuan ($101 million), compared with 1.68 billion yuan the previous quarter.

    The largest offering was that of Chinalco Mining Corp International, a unit of China's top aluminum group Aluminum Corp of China, listed in January with financing of 2.5 billion yuan.

    No IPO was made in the A-share market this quarter because the China Securities Regulatory Commission stopped examination and approval processes and carried out strict financial verification of firms applying to go public.

    Since the start of the year, 48 companies have canceled plans to be examined and approved by the commission, largely because their business performance declined amid gloomy economic conditions.

    More private equity and venture capital firms chose mergers and acquisitions, making 40 exits in the first quarter and cashing out $2.64 billion, compared with $230 million in the same period last year.

    caixiao@chinadaily.com.cn

     
    8.03K
     
    ...
    日韩人妻无码精品一专区| 亚洲欧美成人久久综合中文网| 日韩av无码中文字幕| 亚洲2022国产成人精品无码区| 亚洲中文字幕日本无线码| 亚洲AV无码精品色午夜果冻不卡| 精品人妻中文av一区二区三区| 国产成人AV一区二区三区无码| 免费看成人AA片无码视频羞羞网| 久久午夜无码鲁丝片午夜精品| 亚洲午夜国产精品无码老牛影视| 天堂资源中文最新版在线一区| 人妻av无码一区二区三区| 极品粉嫩嫩模大尺度无码视频| 中文字幕一区二区人妻| V一区无码内射国产| 中文有码vs无码人妻| 在线中文字幕av| 在线欧美中文字幕农村电影| Aⅴ精品无码无卡在线观看| 无码人妻精品中文字幕| 毛片免费全部播放无码| 久久久久久无码国产精品中文字幕| 日本阿v视频高清在线中文| 久久久久成人精品无码| 精品无码无人网站免费视频| 亚洲韩国精品无码一区二区三区| 无码区日韩特区永久免费系列| 中文字幕一区二区三区精彩视频| 亚洲 欧美 中文 在线 视频| 无码av不卡一区二区三区| 2024最新热播日韩无码| 国产成人亚洲综合无码精品| 狠狠躁天天躁无码中文字幕| 久久久久亚洲av无码专区| 国产精品VA在线观看无码不卡| 国产亚洲3p无码一区二区| 99久久人妻无码精品系列| 精品无码三级在线观看视频| 蜜臀精品无码AV在线播放| 日韩精品无码永久免费网站|