Chinese Mainland Capital Market Raises RMB 446.6 bln in 2009 -Shanghai Metals Market

Hot Keywords

  • Zinc
  • Futures movement
  • MMi Iron Ore Port Index
  • Copper scrap
  • Nickel
  • Inventory data
  • Copper
  • Aluminium
  • Evening comments
  • Stainless steel
  • Macroeconomics
  • Production data
  • Tin
  • Market commentary
  • inventory

Chinese Mainland Capital Market Raises RMB 446.6 bln in 2009

Data Analysis 08:59:59AM Jan 15, 2010 Source:SMM

BEIJING, Jan. 15 -- China's stock regulator said on Thursday that Chinese mainland capital market raised 446.6 billion yuan (65.39 billion U.S. dollars) in 2009, the second largest annual fund-raising in history.

Ninety-nine companies launched their IPOs in the Chinese mainland, including nine on the main board and 90 on the junior board and the Growth Enterprise Market or ChiNext, and 150 listed enterprises launched refinancing, said Shang Fulin, chairman of the China Securities Regulatory Commission (CSRC).

Six enterprises got listed overseas and raised 14.2 billion U.S. dollars, Shang said.

China resumed its A-share IPO in July 2009 after a nine-month suspension. The fund-raising volume in 2009 ranked only second to that in 2007 in terms of volume.

Chinese mainland capital market raised 772.8 billion yuan in 2007 and 339.6 billion yuan in 2008, according to the CSRC.

Chinese Mainland Capital Market Raises RMB 446.6 bln in 2009

Data Analysis 08:59:59AM Jan 15, 2010 Source:SMM

BEIJING, Jan. 15 -- China's stock regulator said on Thursday that Chinese mainland capital market raised 446.6 billion yuan (65.39 billion U.S. dollars) in 2009, the second largest annual fund-raising in history.

Ninety-nine companies launched their IPOs in the Chinese mainland, including nine on the main board and 90 on the junior board and the Growth Enterprise Market or ChiNext, and 150 listed enterprises launched refinancing, said Shang Fulin, chairman of the China Securities Regulatory Commission (CSRC).

Six enterprises got listed overseas and raised 14.2 billion U.S. dollars, Shang said.

China resumed its A-share IPO in July 2009 after a nine-month suspension. The fund-raising volume in 2009 ranked only second to that in 2007 in terms of volume.

Chinese mainland capital market raised 772.8 billion yuan in 2007 and 339.6 billion yuan in 2008, according to the CSRC.