Mainland dominates global IPO market during first half

The Chinese mainland led the global initial public offering market in terms of funds raised and the deal number during the first six months, said a report published by PricewaterhouseCoopers on Thursday.

A total of 187 companies were listed on the Shanghai and Shenzhen bourses during the first-half and these companies collectively raised funds to the tune of 146.1 billion yuan ($23.6 billion), indicating that the market is poised for further growth in the next six months.

Of the 187 IPOs, 78 got listed on the main board, 35 on the small and medium-sized enterprise board and 74 on the ChiNext market, China's Nasdaq-style market.