Photo/Shetuwang

Dec. 31 (NBD) -- The number of initial public offerings (IPOs) completed in China's A-share market reached 203 in 2019, an increase of 93 percent from the previous year, according to data from financial information platform Wind. The fund collected through the listings increased by 84 percent year over year to reach 253.2 billion yuan (36.3 billion U.S. dollars), marking a new record high since 2012.

National Business Daily noticed that Postal Savings Bank of China Co Ltd (601658.SH) ranked first in IPO size in China's mainland by issuing shares worth 32.71 billion yuan early this month.

Among the 203 IPOs this year, 70 were completed at Nasdaq-like STAR Market in Shanghai with 82.4 billion yuan accumulatively raised.

Besides, the Hong Kong stock exchange gained the crown as the largest IPO market around the world in 2019. A total of 161 companies raised 311.8 billion Hong Kong dollars (40 billion U.S. dollars) in total in the year, data from the bourse shows.

This year, Hong Kong's main board attracted Chinese e-commerce behemoth Alibaba Group (09988.HK), the world's largest brewer Budweiser Brewing Co APAC (01876.HK) and logistics real estate developer ESR Cayman Ltd (01821.HK), which all raised over 10 billion Hong Kong dollars in the market.

Email: lansuying@nbd.com.cn