Total market value of Beijing's domestic listed companies exceeds 17 trillion yuan
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E-mail China.org.cn, February 5, 2021
As of the end of last year, the total market value of Beijing's 380 domestic listed companies exceeded 17 trillion yuan, accounting for more than one-fifth of the country's total, as announced at the 2020 Capital Market Annual Conference on Feb. 4.
The conference was hosted by beijingipo.com.cn and jointly organized by Zhongguancun Development Group ("ZGC Group"), the Shanghai Stock Exchange North Center for Market Service, the Shenzhen Stock Exchange North Center, the Market Development Department of National Equities Exchange and Quotations (NEEQ), the Beijing's OTC Exchange, and the Singapore Stock Exchange Beijing Representative Office. The conference was held online for the first time because of the epidemic.
Data released on the day of the conference showed that in 2020 there were 42 new domestic listed companies in Beijing, with a historic high initial capital of 92.639 billion yuan, as well as 34 new overseas listed companies, with an initial capital of 115.41 billion yuan.
As of the end of 2020, there were a total of 681 domestic and foreign listed companies in the capital, including 380 domestic, 314 overseas, and 13 listed in both domestic and foreign markets.
The total share capital of domestic listed companies stood at 2758.01 billion shares, accounting for 37.51% of the country's total and for a market value of 17.37 trillion yuan, 21.19% of China's total.
In 2020, 76 new domestic and overseas companies were listed in Beijing and about 208 billion yuan was raised from initial offerings.
The Beijing Qiyuan Capital Market Development Service Co., Ltd. is the main operator of three platforms, namely, beijingipo.com.cn, the domestic listing service platform for foreign-invested enterprises, and the Zhongguancun capital market service platform. Zhang Shuqing, chairman of Beijing Qiyuan Capital Market Development Service Co., Ltd., said that the platforms provide enterprises with inclusive services and value-added empowerment services, helping them enter domestic and foreign capital market, and promote the rapid development of Beijing's high-tech industries.
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