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The IPO Financing Of Chinese Enterprises Shrank By More Than 30% In July.

2011/8/3 9:16:00 38

Shrinkage Of IPO Financing For Chinese Enterprises

According to statistics of ChinaVenture group, a total of 35 Chinese enterprises were listed in the mainland and Hongkong in July 2011, with a total financing of 22 billion 739 million yuan and a decrease of 37.58%.

Overseas institutions sing empty

China

The concept of a number of listed companies to the United States has postponed the IPO plan.

According to CVSource statistics of ChinaVenture's database products, in July 2011, a total of 35 Chinese companies raised 22 billion 739 million yuan in global capital market IPO, which was flat with the number of IPO last month, and the amount of financing decreased by 37.58%. The number of IPO and the amount of financing decreased by 7.89% and 85.56% respectively compared with that of last month.

This month, the largest IPO financing company was Gao Xin retail (06808.HK), which raised HK $8 billion 236 million on the Hong Kong stock exchange, followed by Yiling Pharmaceutical (002603.SZ) and new mineral resources (01231.HK), which raised 2 billion 246 million yuan and 1 billion 750 million Hong Kong dollars respectively in the SME Board of the Shenzhen Stock Exchange and the HKEx main board.

Of the 35 IPO enterprises in July, 20 chose domestic listings (-20.00%, -28.57%), accounting for nearly 60% (57.14%); overseas listing activity increased, and 15 enterprises achieved IPO (year-on-year: -20.00%; annulus: -28.57%), of which 7 were local companies in Hongkong.

From the distribution of exchanges, domestic gem

list

There are 11 enterprises, 9 medium and small boards, and the main board of the Shanghai Stock Exchange is not listed on this month.

Overseas IPO is concentrated in the HKEx, including 12 main board and 3 gem.

At the same time, no Chinese companies were listed in the US in July.

It is worth noting that

trust

Risks such as crisis and protocol control, coupled with concerns about China's slowing economic growth and high inflation, has led to a decline in valuations since the Chinese concept was first sought after, making most of the proposed US listed companies postponing the IPO plan.

The planned thunder landing on NASDAQ on the 20 day announced that it was postponed for IPO due to poor market conditions, and that the time to market was uncertain. Similarly, the grand literature which was originally planned for this week also announced that it had decided to suspend the initial public offering of $200 million for the New York stock exchange.