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Economy

Mainland capital market raises 446.6b yuan in 2009

(Xinhua)
Updated: 2010-01-15 00:00
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BEIJING: China's stock regulator said on Thursday that Chinese mainland capital market raised 446.6 billion yuan ($65.39 billion) in 2009, the second largest annual fund-raising in history.

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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, 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.
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