A-share market posted strong performance and HKEX hit a record high by proceeds
BEIJING, 24 JUNE 2021. EY today released the Mainland China and Hong Kong IPO report, which concluded 1H2021 IPO activities in the world and Greater China and highlighted the outlook in 2H2021. As the impact of the pandemic was mitigated, global IPOs rebounded in1H2021, a total of 1,020 companies were listed and funds raised amounted to US$210.6b, up 138% and 199% by volume and proceeds respectively compared with the same period last year. China remained one of the leading IPO markets in the world, where IPOs to grow, accounting for 29% and 29% of the world’s total by deal number and proceeds respectively. It is estimated that the Shanghai Stock Exchange (SSE) ranked the second among global bourses in terms of IPO deals and Nasdaq ranked top by deal volume with 144 IPO deals due to the maintaining momentum of the listing of Chinese companies in the US. Kuaishou Technology became the world’s largest IPO in terms of funds raised, China Three Gorges Renewables and JD Logistics were ranked among the world’s top five largest IPOs.
24 Jun 2021