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BIZCHINA / News |
Companies raise US$100b on stock markets in 2007(Xinhua)
Updated: 2008-01-21 20:56 A total of 242 Chinese enterprises were listed on both domestic and overseas stock markets last year, raising about US$104.8 billion, according to the China Securities Journal. One hundred and twenty-four were listed on the mainland's Shanghai and Shenzhen stock markets, raising more than US$65 billion, said the report, quoting a survey by Beijing-based Zero2IPO, a leading consultancy in venture capital and private equity (PE) issues. The enterprises listed on the domestic markets outnumbered those listed on the overseas markets by six, and amassed about US$25 billion more than their peers listed abroad, Zero2IPO said. The Shanghai Composite Index climbed 96.7 percent last year and became the world's best performing major bourse for 2007. The PE firms also performed actively last year. Twelve new PE funds were set up, collecting US$3.73 billion, up 145.9 percent from the previous year, said Zero2IPO. The venture capital that Chinese enterprises received last year amounted to a record high of about US$3.25 billion, up 82.7 percent from the previous year, the company said. |
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