The Chinese mainland stock market saw 125 initial public offerings in 2014, raising 78.7 billion yuan ($12.86 billion), consultancy Deloitte said.

This still fell short of the 154 IPOs, which raised 103.4 billion yuan in 2012, the year before IPOs were suspended, Deloitte said.

The China Securities Regulatory Commission, the securities watchdog, approved seven rounds of new offerings since June 2014, when the commission restarted the IPO market.