In 2023, 103 IPOs were issued with total fundraising of RMB 193.7 billion on the Shanghai Stock Exchange, while 133 IPOs were issued with total fundraising of RMB 148.1 billion on the Shenzhen Stock Exchange. The Beijing Stock Exchange has entered a period of rapid development, with 77 IPOs ...
Recently IPOs were issued at a regular pace based on scientific and rational decision-making to better balance the development of the primary and secondary markets. The recent tightening of IPOs according to stage helps protect the market to operate steadily. The China Securities Regulatory Commission...
to 869.3 million US$ in 2024, showing a significant rise in valuation. In contrast, VC-backed IPOs experienced a decline in post-IPO valuation, from a median of 360.3 million US$ in 2023 to 249.5 million US$ in 2024, reflecting a decrease in the median valuation for these types of IPOs...
The above rules have also been adopted by the Shanghai Stock Exchange in itsQuestions and Answers on Examination of the Issuance and Listing of Stock on the Science and Technology Innovation Board (II)issued in March 2019, and by Shenzhe...
the issuing firm prepare for the IPO and it may enlist the help of other banks to form what is called a syndicate of underwriters. The underwriter or syndicate will often agree to a firm commitment, which means that they purchase all of the shares to be issued and resell them at the ...
House purchase restriction orderrefers to the policy issued by local governments in China ’s major cities, including Beijing, Shanghai and Guangzhou, to curb the overheating real estate market by imposing restrictions on purchasing power. Beijing was the first city to carry out the purchase restric...
issuer and lead underwriter, will include information on the company's management team, target market, competitive landscape, the company's financials, who is selling shares in the offering, who currently owns shares, expected price range, potential risks, and the number of shares to be issued....
The Shares to be issued and allotted to each Underwriter shall be delivered in book entry form, and in such denominations and registered in such name as the Representative may request in writing not later than one full business day prior to the Closing Date or an Option Closing Date, as the...
House purchase restriction orderrefers to the policy issued by local governments in China ’s major cities, including Beijing, Shanghai and Guangzhou, to curb the overheating real estate market by imposing restrictions on purchasing power. Beijing was the first city to carry out the purchase restric...
One potential problem with IPOs is that many investors might rush in. It might be worth waiting to see how the newly issued IPO shares perform in the market. Or, if you do jump on an IPO, you might want to consider buying shares in small quantities over time rather than going all in...