1. Friday May 25, 2018
      Home > News > Economy
      Text:| Print|

      Depressed market for China's IPOs

      2013-03-29 11:28 China Daily     Web Editor: qindexing comment

      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.

      Comments (0)

      Copyright ©1999-2011 Chinanews.com. All rights reserved.
      Reproduction in whole or in part without permission is prohibited.

      主站蜘蛛池模板: 午夜视频在线免费观看| 国产精品亚洲av色欲三区| 久久精品无码专区免费| 免费看国产曰批40分钟| 国产天堂亚洲精品| 四虎永久在线免费观看| 春暖花开亚洲性无区一区二区| 一本无码人妻在中文字幕免费| 亚洲国产中文在线二区三区免| 亚洲黄色免费网站| 亚洲国产av美女网站| 国产大片线上免费观看| 亚洲色欲啪啪久久WWW综合网| 四虎影视www四虎免费| 朝桐光亚洲专区在线中文字幕| 亚洲成人一区二区| 亚洲深深色噜噜狠狠网站| 两性刺激生活片免费视频| 亚洲一区二区三区91| 免费看的黄色大片| 亚洲精品国产成人片| 免费视频成人手机在线观看网址| 久久亚洲国产精品| 成人免费观看男女羞羞视频| 国产成人精品日本亚洲专区61| 久久久久久久99精品免费| 亚洲ts人妖网站| 亚洲国产精品不卡毛片a在线| 美女被免费网站91色| 亚洲欧洲日产国产最新| 日韩免费在线观看| 一级特黄录像免费播放肥| 亚洲精品免费在线| 全部免费a级毛片| 未满十八18禁止免费无码网站| 亚洲香蕉在线观看| 中文字幕第13亚洲另类| 国国内清清草原免费视频99| 日本激情猛烈在线看免费观看| 亚洲伦另类中文字幕| 免费国产在线观看不卡|