PwC: The IPO performance of the Chinese TMT industry in the first half of the year remained active

Today, PricewaterhouseCoopers released the first public fundraising (IPO) data of China Science and Technology, Media and Communications (TMT) companies in the first half of 2022. Data show that in the first half of 2022, the number of IPOs in Mainland TMT companies decreased from 74 in the second half of 2021, with a total of 68, and the total financing volume rose to about RMB 160.4 billion. Among them, China Mobile Co., Ltd. (about RMB 52 billion in financing), which is listed on the mainland floor, is the largest mainland TMT company IPO in the first half of 2022.

Zhang Ye, the partner of the Northern China Audit Market in Pwi, said: "In the first half of 2022, under the drive of the capital market and the GEM of the Mainland capital market, TMT Corporation of China continued its active performance in the capital market. "

The analysis of major sectors shows that in the first half of 2022, the mainland capital market was still the main choice of listed on TMT companies in the Mainland, with 44%and 28%of mainland TMT companies selected to list on the science and technology board and Shenzhen GEM. There are 30 TMT industry IPOs from the Science and Technology Board, which receives about RMB 70.9 billion in financing, accounting for 44%of the total financing amount; Shenzhen GEM has 19 TMT industry IPOs, which has obtained a total of about RMB 27.8 billion in financing, accounting for total financing Under 17%. In addition, 9%of mainland TMT companies choose to be listed on the Beijing Stock Exchange, with a total of 6, which has received about 1.1 billion yuan in financing, accounting for 1%of the total financing amount. Home, received about RMB 55.9 billion in financing, accounting for 35%of the total financing. 13%of mainland TMT companies chose to list in Hong Kong and overseas in Hong Kong, China, with a total of 9, which received about 4.7 billion yuan in financing, accounting for 3%of the total financing amount.

By analyzing key financial data, it can be seen that in the first half of 2022, there were 41 IPOs in the technical hardware and equipment industry, accounting for 60%; 26 software and service industries, accounting for 39%; Essence

Zhou Weiran, the leader of the Global Science and Technology, Media and Communication Industry in PricewaterhouseCoopers, said: "In the second half of 2022, the return of science and technology innovation TMT companies and Chinese stocks will continue to become the main driving force for the capital market. With the support of the growth policy, with the refinement and improvement of the registration system, the domestic capital market is expected to continue to grow against the trend in pressure, becoming the highlight of the global market. "

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