http://en.people.cn/n3/2022/1003/c90000-10154638.html

According to a recent report from the Securities Association of China, IPOs for tech stocks on the STAR market on the Shanghai Stock Exchange and the tech-heavy ChiNext market on the Shenzhen Stock Exchange accounted for 75.68 % of the country’s total IPOs in 2021. 165 firms listed on the STAR market raised about 211.6 billion CN¥ (about 29.8 billion U.S. dollars) via IPOs last year, taking up 35.51 percent of China’s total IPO funds raised over the whole year. The amount of funding raised by 199 IPOs at the ChiNext market stood at 149.4 billion CN¥ in 2021, accounting for 25 %t of the total.

All over China, 481 companies sci-tech companies went public domestically, raising a total of 592.62 billion yuan.