PWC Predicts: &Nbsp; China'S Capital Market Will Raise 400 Billion Yuan This Year.

According to PWC's latest report, in the first half of 2011, there were 168 IPO in Shanghai and Shenzhen stock markets.

IPO total of 24, an increase of 85% over the same period, but the amount of financing decreased by 7% from the same period last year to 56 billion 900 million yuan. Shenzhen SME board IPO total 61, the amount of financing reached 62 billion 200 million yuan, compared with the same period last year also decreased.

However, Shenzhen gem continued strong development momentum. In the first half of this year, the number of new listed companies reached 83, an increase of 54% over the same period, and the financing amount was 57 billion 200 million yuan, an increase of 25% over the same period last year.

However, from the perspective of price earnings ratio, the first price earnings ratio of the two cities has dropped slightly, taking gem as an example. During the period of 2010, the initial price earnings ratio of all listed stocks exceeded 40 times, but by 2011, the share of the initial price earnings ratio of more than 40 times had fallen to about 80%.

At the same time, the first day of breaking phenomenon increased. In 2011, the proportion of shares broken on the first day of the Shanghai Stock Exchange exceeded 50%, Shenzhen's small and medium sized board was 39%, the gem was 33%, and in 2010, the value was 27%, 9% and 7% respectively.

In addition, PWC's data also showed that in the first half of 2011, Hongkong continued to consolidate its position as an international main financing market.

IPO financing amounted to HK $183 billion 700 million ($152 billion 600 million), a 264% increase over the same period last year.

This is mainly due to the increasing number of overseas enterprises coming to Hong Kong. According to statistics, the total number of overseas listed companies in Hong Kong in the first half of the year raised about 100 billion yuan.

Also, according to the data provided by New York Euronext group, the total IPO financing of the NYSE in the first half of 2011 amounted to 25 billion 400 million US dollars, of which two New York Stock Exchange had 35 IPO projects in the two quarter, the total amount of financing reached 10 billion 630 million US dollars, and the financing amount accounted for 73% of the US market.

Despite the plagued by financial fraud scandals and other factors, the enthusiasm of Chinese enterprises to IPO in the US is still high.

Data show that in the first half of this year, 7 Chinese companies listed on the NYSE through IPO, namely, everyone, Qihoo 360, Phoenix network, Taomi, netqin, Xingxing wheel and left bank costumes.

The total financing of the 7 companies is US $1 billion 333 million (if the amount of financing for the green shoe terms is $1 billion 492 million), which accounts for 80% of all Chinese companies' IPO financing in the US this year.