Year-ender: Chinese mainland companies listed in the US
chinadaily.com.cn |
Updated: 2018-12-29 06:50
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Iqiyi, Pinduoduo, Nio, Tencent Music Entertainment and bilibili were 2018's top five companies from the Chinese mainland in terms of fundraising at the US IPO market.
The companies combined for a total of $6.75 billion in funding, an increase of 165 percent compared with last year, said Deloitte China in a report.
Companies in the telecommunications, media and technology (TMT) industry accounted for the vast majority of financing, about 70 percent of total IPOs.
Here are some of 2018's funding highlights.
