Investor Presentaiton
A-share IPOs: sector analysis (cont'd)
2020 YTD: Top 5 sectors - by total funds raised
Total funds raised = RMB 461.0B
■A-share (traditional market)
■New ChiNext Board
■STAR Market
1%
1%
40%
35%
30%
25%
26%
20%
9%
15%
3%
2%
10%
10%
3%
13%
5%
5%
1%
9%
7%
5%
2%
3%
0%
TMT
Industrials
Healthcare / Consumer
Life Sciences Markets
Transport,
Logistics and
Others
Others
Source: Wind and KPMG analysis
+
Healthcare/Life Sciences
The sector ranked third in both the number of new listings and
total funds raised, backed by a strong showing of
healthcare/life sciences IPOs in the STAR Market. It accounts
for approximately 13 percent of the proceeds in the market for
the year.
Seven pre-profit biotech companies were listed in the STAR
Market during the year demonstrating the bourse's flexibility
and presence for biotech firms.
Amid the ongoing development of the pandemic, fueled by an
ever-growing demand for healthcare for the world's largest
population, healthcare/life sciences is expected to be one of the
driving forces of the A-share IPO market.
35%
2019: Top 5 sectors - by total funds raised
Total fundraising = RMB 253.2B
A-share (traditional market)
STAR Market
30%
25%
20%
18%
7%
15%
27%
10%
1%
15%
5%
10%
7%
6%
8%
1%
960
TMT
Financial
Services
Industrials
Energy and
Natural
Resources
Healthcare/
Life Sciences
Others
%
EES
Source: Wind and KPMG analysis
Note: All analysis is based on a combination of data as at 6 December 2020 and
KPMG estimates, unless otherwise stated. Excludes listings by introduction.
KPMG
Consumer Markets
The sector ranked fourth in terms of both funds raised and the
number of IPOs. Yihai Kerry Arawana Holdings Co., Ltd, a food
wholesaler and distributor was listed in the ChiNext board,
raising a total of RMB 13.9 billion, is the third largest IPO in the
A-share market during the year.
The sector has maintained a strong pipeline, as of 6 December
2020, there were 81 active applicants from the sector, which
account for approximately 10 percent of the overall A-share
pipeline.
© 2020 KPMG, a Hong Kong partnership and a member firm of the KPMG global organisation of independent member firms affiliated with KPMG International Limited
("KPMG International"), a private English company limited by guarantee. All rights reserved.
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