Chinese Mainland and Hong Kong IPO Markets Q1 2023 Review

A-share IPO market activity SSE - Traditional SZSE - Traditional SSE - STAR* SZSE - ChiNext* BSE Total 2023 Q1 RMB 29.9B 17 deals RMB 6.6B 8 deals RMB 11.7B 9 deals RMB 25.8B 15 deals RMB 4.3B 24 deals RMB 78.3B 73 deals 2022 Q1 RMB 62.1B 10 deals RMB 5.8B 5 deals RMB 58.5B 27 deals RMB 56.3B 36 deals RMB 1.2B 7 deals RMB 183.9B 85 deals 2022 full year RMB 145.1B 40 deals RMB 39.6B 43 deals RMB 252.7B 123 deals RMB 179.6B 148 deals RMB 16.9B 83 deals RMB 633.9B 437 deals Note: All analysis is based on WIND data and included REIT deals as of 23 March 2023, adjusted to number of confirmed listings up to 31 March 2023, unless otherwise stated *The above statistics excluded companies transferred from BSE to STAR or ChiNext. KPMG © 2023 KPMG, a Hong Kong (SAR) partnership, are member firms of the KPMG global organisation of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved Chinese Mainland and Hong Kong IPO markets | 9

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