Last October China's biggest lender,ICBC, raised more than $20 billions in HK and Shanghai in the world's biggest IPO.
Ma Yun-President of Alibaba-poses for reporters on the company's IPO debut in HongKong, on Nov 6, 2007.
Overview:
China IPO activities were set for a robust 2006. It rasied up to $620 million capital in Chinese market and replaced the United States as the world's biggest market for IPO.
Meanwhile, Industrial and Commercial Bank of China（ICBC）IPO raised $220.38 billion capital in both HongKong and the mainland markets in the biggest 2006. By 2007, its market value has grown more than 2 times of last year.
Obviously, IPO is regarded as the most effective way for Chinese companies going public to raise capital.
In 2007, 29 H-shares domestic companies with market value more than $3 billion, are planning their back to the Chinese Markets, at the same time, together with the completed IPO companies like China Life and Ping An Insurance, China IPO will raise up to $580 billion capital, with the $310 billion from the mainland's Shanghai and Shenzhen stock exchanges.
Meanwhile, high returns stimulate foreign investment institutions to invest more Chinese companies, which foster Chinese firms to conduct their overseas IPOs.
The ebullience with which Chinese investors have dived into the markets of Shanghai and Shenzhen, unleashing the huge savings in personal bank accounts, has made China home to the world's most expensive companies.
China has the biggest bank, insurance company,telecommunications carrier and airline by market value.
Data Charts
Top Five Chinese IPO by Value
Chinese Shares
A shares: companies incorporated in mainland China and are traded in the mainland A-share markets. The prices of A shares are quoted in Renminbi, and currently only mainlanders and selected foreign institutional investors are allowed to trade A shares.
B-shares: companies incorporated in mainland China and are traded in the mainland B-share markets (Shanghai and Shenzhen). B shares are quoted in foreign currencies.
H shares: companies incorporated in mainland China and are listed on the Hong Kong Stock Exchange and other foreign stock exchanges.
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China Pacific Insurance's A -share plan approved December 4, 2007
China Securities Regulatory Commission (CSRC) gave the nod on Monday to the A share initial public offering (IPO) plan of China Pacific Insurance (Group) Co., Ltd (CPIC).
China IPOs in US Expands at Record Pace November 13, 2007
Despite all the talk of lead-laden toys, this year's biggest export to the United States from China may be initial public offerings.The number of new Chinese companies listed this year on the New York Stock Exchange and on Nasdaq is expanding at a record pace, with Chinese companies comprising 12 percent of all IPOs and outnumbering the combined total of all other foreign IPOs, according to Renaissance Capital.
China Railway Group sets plans for Shanghai IPO November 7, 2007
China Railway Group Ltd., a state-owned builder of railway lines, will begin subscriptions for an initial public offering in Shanghai on Nov. 20, the company said in an announcement Wednesday.
Alibaba nearly triples in Chinese IPO November 6 2007
Chinese e-commerce portal Alibaba.com soared on its debut on the Hong Kong stock market Tuesday, with its share price nearly tripling.But analysts said the rise was unsustainable, and that speculators were driving up the price in order to maximize profits.
Shenhua expected to launch biggest IPO on China's A-share market September 18, 2007
China Securities Regulatory Commission, the industry watchdog, on Monday gave the green light to China Shenhua's A-share initial public offering (IPO) application.
Chinese IPO sets a record OCTOBER 20, 2006
Industrial & Commercial Bank of China on Friday raised at least $19.1 billion in the biggest initial public offering ever.The shares were priced to sell on the Hong Kong market at 3.07 Hong Kong dollars, or 39.4 U.S. cents, the top of the range indicated in the prospectus for the deal, bankers said.
Stock market value tops last year's GDP August 10, 2007
China's stock market capitalization topped the country's gross domestic product (GDP) for the first time yesterday as the key stock index hit a fresh high.