Thanks to a strong post-pandemic rebound in the capital markets, Chinese companies have collected USD 129 billion through initial public offerings (IPOs) on exchanges around the globe in 2020, a record-high for firms with their major business in mainland China, said Bloomberg.
The amount corresponds to 37% of the total capital proceeds from share offerings globally this year, the highest percentage since 2009.
JD Health (HKEX: 6618), the online healthcare unit of e-commerce giant JD.com (NASDAQ:JD; HKEX: 9618), which celebrated its USD 3.5 billion Hong Kong debut in early December, accounts for the biggest Chinese IPO so far in 2020.
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This article is part of KrASIA’s “Key Stat” series, where KrASIA picks and presents the most significant figures of the day’s technology and business world.