99 Chinese companies raise $18b through IPOs

In the first half of 2014, a total of 99 Chinese enterprises went public on foreign as well as domestic exchanges, according to a report by ZERO2IPO Research Center.

These companies raised $17.57 billion through their initial public offerings (IPOs), accounting for 19.7 percent of the world's total raised by IPOs, as the 319 enterprises that were floated globally during the first half raised as much as $89.18 billion, according to the report.

Among these 99 Chinese companies, 52 got listed on domestic exchanges, raising $7.49 billion.

Raking in $10.08 billion in total from overseas, the rest of the 47 companies were listed on five overseas bourses, including the mainboard of Hong Kong Stock Exchange (35), NASDAQ Stock Market (6), New York Stock Exchange (4), Frankfurt Stock Exchange, and Hong Kong Growth Enterprise Market, according to the report.

Among the newly-listed Chinese companies, JD.com shadowed its peers by raising a record of $1.78 billion on the Nasdaq Stock Market.