Investor Presentaiton
Top 10 largest A-share IPOS
Proceeds
2023
Company
Exchange
Sector
(RMB billion)
1
Hua Hong Semiconductor Limited
SSE-STAR
21.2
TMT
2
Semiconductor Manufacturing Electronics (Shaoxing)
Corporation
SSE-STAR
11.1
TMT
3
Nexchip Semiconductor Corporation
SSE-STAR
10.0
TMT
st
4
China Fund Management SPIC New Energy REIT *
SSE
5
Shaanxi Energy Investment Co., Ltd.
SZSE
7.8
7.2
Infrastructure / Real Estate
Top 3 IPOs in terms of funds raised are
semi-conductor
and software
design companies
ENR
co
6
Baimtec Material Co.,Ltd.
SSE-STAR
7.1
Industrials
7
CSI Solar Co., Ltd.
SSE-STAR
6.9
ENR
8
Huaqin Technology Co., Ltd.
SSE
5.9
TMT
9
Hunan Yuneng New Energy Battery Material Co.,Ltd.
SZSE-ChiNext
4.5
Industrials
10
Jiangsu Xukuang Energy Co., Ltd.
SSE
4.3
ENR
23%
Proceeds
2022
Company
Exchange
Sector
(RMB billion)
1
China Mobile Limited
SSE
56.0
TMT
of total IPO proceeds
raised by top 10 IPOs
in 2023
2
CNOOC Limited
SSE
32.3
ENR
3
Shanghai United Imaging Healthcare Co., Ltd.
SSE-STAR
11.0
Healthcare / Life Sciences
ChiNext
4
CICC Anhui Traffic Control Expressway REIT *
SSE
10.9
Infrastructure / Real Estate
5
Hygon Information Technology Co., Ltd.
SSE-STAR
10.8
TMT
6%
6
Jinkosolar Co., Ltd.
SSE-STAR
10.0
TMT
7
Huaxia China Jiaojian Expressway REIT *
*
SSE
9.4
Infrastructure / Real Estate
STAR Market
8
ASR Microelectronics Co., Ltd.
SSE-STAR
6.9
TMT
Traditional
9
Hubei Wanrun New Energy Technology Co.,Ltd.
SSE-STAR
6.4
Industrials
65%
10
Shenzhen Hello Tech Energy Co.,Ltd
SZSE-ChiNext
5.8
Industrials
29%
* Refers to real estate investment trusts listings ("REITS")
Note: All analysis is based on WIND data as of 31 December 2023.
Source: Wind and KPMG analysis
KPMG
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affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved
2023 Top 10 largest IPOs distribution by stock exchange
Chinese Mainland and Hong Kong IPO markets | 10View entire presentation