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China approves or registers 206 IPOs in 2019, regulator

April 20, 2020


Abstract : China Securities Regulatory Commission (CSRC) approved or registered initial public offerings (IPOs) of 206 companies in 2019, reported Xinhua Finance, a financial information platform run by Xinhua News Agency.

BEIJING, April 20 (Xinhua) -- China Securities Regulatory Commission (CSRC) approved or registered initial public offerings (IPOs) of 206 companies in 2019, reported Xinhua Finance, a financial information platform run by Xinhua News Agency.

According to data posted on website of CSRC, these companies raised a total of 282.185 billion yuan through the IPOs last year.

The Chinese securities watchdog also gave nods to the refinancing plans of 249 firms, which thus raised 636.248 billion yuan in 2019.

In addition, CSRC granted approval to overseas IPOs and follow-on offerings of 49 enterprises.

In 2019, 32 companies completed IPOs on the Hong Kong stock market, raising 104.8 billion yuan Hong Kong dollars, showed statistics from CSRC. (Edited by Duan Jing, duanjing@xinhua.org)

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