CHENGDU, Jan. 9 (NBD) -- China Securities Regulatory Commission (CSRC) announced last Saturday that A-share IPOs and refinancing by cash totaled 1.33 trillion yuan (192.02 billion US dollars) in 2016, a year-on-year increase of 59%, hitting a five-year high. In addition, the scale of refinancing is also growing at a rate unseen ever.

Xuan Changneng, assistant Chairman of CSRC, said regulators in China have reflected on the market jitter of 2015 and stabilized it in 2016 with more scientific measures within the law.  

We will continue to build a well functioned and multi-layered capital market by improving market infrastructure, so that it can better fuel the supply-side reform, Xuan added.

Email:tanyuhan@nbd.com.cn