China's IPOs down 10x globally

Chinese enterprises launching IPOs globally in the first half represented $ 4.15 billion in value, down 67 percent from the $12.5 billion reported during the same period in 2012, according to data from Thomson Reuters.

The number of IPOs fell about 10x to 13.

The majority of first half 2013 IPOs were in Hong Kong, where they realised about $4 billion.

Inside mainland China, no IPOs were reported in the first half compared to 100 IPOs representing $10.6 billion in value during the same period in 2012, the data showed.

Mainland IPOs were frozen in late 2012 by China’s securities regulators, who are reviewing the financial performance of listing candidates. Resumption of IPOs on mainland exchanges was expected in April, but didn't happen. Chinese media is reporting the resumption date is now moved to sometime in July, though the China Securities Regulatory Commission (CSRC) has not made an official announcement.

The only private equity-backed IPO of a Chinese company this year was e-commerce business LightInTheBox, which listed on the New York Stock Exchange, according to Thomson Reuters. The company is backed by China-focused private equity firm TrustBridge Partners and venture capital firms GSR Ventures and Ceyuan Ventures, Private Equity International reported earlier.

China's global IPOs

Source: Thomson Reuters

China's domestic IPOs

Source: Thomson Reuters