A-share IPO pipeline to remain strong By SHI JING in Shanghai | China Daily | Updated: 2020-12-18 09:07 Share CLOSE Investors check share prices at a securities brokerage in Nanjing, Jiangsu province. [Photo by Jiang Ning/For China Daily]
Despite the challenges posed by the COVID-19 epidemic, continued reforms have helped sustain the appetite for initial public offerings on the A-share market, said experts.
Professional services provider Deloitte said 388 companies will have made their initial public offerings on the A-share market by the end of this year, up by 93 percent on a yearly basis. The total financing raised by these companies will reach 464.5 billion yuan ($71.1 billion), up 87 percent from a year earlier.