HONGKONG, January 23 , SinoCast -- A total of eight Chinese mainland-based companies kicked off initial public offerings (IPOs) at the Stock Exchange of Hong Kong to raise USD 114.99 billion in total in 2013, said Tong Daochi, director of the international cooperation department of China Securities Regulatory Commission . A total of 10 Chinese mainland-based companies re-financed USD 5.919 billion at the Hong Kong bourse last year. By the end of last year, there have been a total of 182 Chinese mainland-based companies listing in the Hong Kong bourse, including 158 in the main board and 24 ones in the GEM board, to raise USD 207.977 billion in total. Chinese mainland-based companies accounted for about 57% of total market value of Hong Kong -listed stocks and about 70% of total turnover of Hong Kong -listed stocks. There have been 24 securities companies, six futures companies and 22 fund management companies in the mainland being approved to set up subsidiaries in Hong Kong .
Most Popular Stories
- Obama Administration Releases Proposal to Regulate For-Profit Colleges
- Elizabeth Vargas' Husband Marc Cohn Addresses Rumors
- Keurig Adds Peet's coffee, Alters Starbucks deal
- Quiznos Files for Chapter 11
- SoCalGas Reaches Record Spend on Diversity Suppliers
- Vybz Kartel Convicted of Murder
- Is Malaysian Airlines Flight 370 in Andaman Sea?
- Koch Brothers Step up Anti-Obamacare Campaign
- U.S. Consumer Sentiment Falls in Early March
- U.S. to Relinquish Gov't Control Over Internet