A-Share IPOs in China Tops in the World

A-Share IPOs in China Tops in the World - Top 12

by admin on December 22nd, 2007

China's A-share markets raised $60.82 billion) from initial public offerings (IPOs) this year.

The figure is tops in the world in terms of the amount raised.

By the end of last week, Chinese stock markets had 120 IPOs this year.

Y409.7 billion was raised in Shanghai and Y37.3 billion in Shenzhen.

The Chinese amount far exceeds $38.7 billion in the United States and $29 billion in Brazil.

12 Chinese stocks raised more than 10 billion yuan from their IPOs.

They were:

China Pacific Insurance,

China Shipping Container Lines,

China Railway,

PetroChina,

China Shenhua Energy,

China Construction Bank,

Bank of Beijing,

China COSCO,

Bank of Communications,

China Citic Bank,

Ping An Insurance,

Industrial Bank.

These 12 companies raised 85 percent of the total.

Among the top 10 IPO issuers this year, seven were from China.

How much money are you throwing at China?