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IPO Activity Update

2020-07-31 14:24

IPO Activity Update

IPO
2020 has been an unprecedented and challenging time for many businesses and the global economy. While many expected IPO activity to remain resilient throughout the year, amid the effects of COVID-19 on market uncertainty, IPO proceeds have dropped 8% according to KPMG. However, listing on the Shanghai and Shenzhen stock exchange has reach records high of 135%. 124 new listings we recorded with RMB141.7 billion raised.
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