5,358 listed companies on Chinese stock market by end-August: CAPCO

BEIJING (WAM)

There were 5,358 companies listed on the Chinese domestic stock market by the end of August 2024, according to the China Association for Public Companies (CAPCO).

The stock exchanges in Shanghai, Shenzhen and Beijing had 2,268, 2,839 and 251 listed firms, respectively, by end-August, Xinhua News Agency reported.

State-owned holding and non-state-owned holding companies accounted for 27 per cent and 73 per cent, respectively, of these listed firms, with manufacturing and information transmission/software/information technology services, as well as wholesale and retail, being the top three sectors in terms of the number of listed companies, the data revealed.

Three provinces, namely Guangdong, Zhejiang and Jiangsu, contributed 42.48 per cent of the total number of companies listed on the Chinese stock market.

Nine companies made initial public offerings on the domestic stock market in August, raising a combined total of CN¥5.33 billion (about $761 million), while 17 companies were delisted.