Chinese Mainland and Hong Kong IPO Markets Q1 2023 Review
A-share IPO sector distribution
TMT dropped out of top 3
sectors by total proceeds in
2023 Q1, in contract to the top
ranking in the same quarter last
year which contributed over 50%
of total proceeds as there was a
mega-sized telecommunications
carrier listed in 2022 Q1.
2023 Q1
ENR
13%
Sector in terms of funds raised
2022 Q1
Healthcare /
Life Sciences
Others
Industrials
TMT
13%
Others
41%
53%
Infrastructure/
Real Estate
17%
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
KPMG
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Industrials
27%
Chinese Mainland and Hong Kong IPO markets | 10View entire presentation