年上半年A股IPO數量大幅下滑 融資額暴跌八成

The number of initial public offerings (IPO) and the aMount of funds raised in the Chinese mainland's A-share market fell sharply year-on-year during the first half of 2016, according to statistics released by PwC last Monday.

普華永道上週一發布的數據顯示，2016年上半年中國內地A股首次公開募股(IPO)數量和融資金額同比均出現了大幅下滑。

A total of 61 IPOs were launched on the Shanghai and Shenzhen stock exchanges, down 67 percent on the same period last year. About 28.8 billion yuan (4.3 billion ars) was raised, down by 80 percent.

上海交易所和深圳交易所總共完成了61宗IPO交易，較2015年同期分別下滑了67%。融資總額288億元人民幣，較2015年同期分別下滑了80%。

The Shanghai Stock Exchange saw 26 IPOs, while its Shenzhen counterpart saw 15 IPOs of small-and-medium-sized enterprises and 20 start-up companies.

其中，上海交易所IPO共計26宗，而深圳中小企業板IPO共計15宗，創業板IPO共計20宗。

Fluctuations of the markets led to a tightening of IPO approval to maintain stability, according to Frank Lyn, PwC China's mainland and Hong Kong Markets Leaders.

普華永道中國內地及香港市場負責人林怡仲表示，市場的波動導致了新股審批的節奏的加緊，從而維持資本市場的穩定。

The tightening drove some enterprises seek other financing options such as bonds or listing on the National Equities Exchange and Quotations (NEEQ).

緊縮政策促使一些企業尋求其他融資方案，比如債券或在全國中小企業股份轉讓系統上市。

The second half of this year should see a similar number of IPOs, making a total of about 120 cases in 2016 with about 60 billion to 80 billion yuan in financing volume, Lyn predicted.

林怡仲預測道，下半年A股IPO的數量或將維持與上半年相當，預計2016年全年A股IPO爲120宗左右，融資規模在600-800億元人民幣左右。