Throughout May, the three major exchanges in Shanghai, Shenzhen, and North China centrally accepted listing applications from 16 companies to be IPOs, surpassing the sum of the projects accepted in the previous 4 months and reaching a record high in a single month this year. “Recently, acceptance of A-share IPOs has been accelerated, the number of terminated projects has decreased, and audit efficiency has improved, reflecting increased confidence in corporate listing. However, although IPOs have picked up significantly in the short term, we need to pay attention to long-term quality orientation and policy trends.” Tian Lihui, dean of the Financial Development Research Institute at Nankai University, believes that the current pace of A-share IPOs is characterized by phased centralized reporting and policy orientation driving market fluctuations.

Throughout May, the three major exchanges in Shanghai, Shenzhen, and North China centrally accepted listing applications from 16 companies to be IPOs, surpassing the sum of the projects accepted in the previous 4 months and reaching a record high in a single month this year. “Recently, acceptance of A-share IPOs has been accelerated, the number of terminated projects has decreased, and audit efficiency has improved, reflecting increased confidence in corporate listing. However, although IPOs have picked up significantly in the short term, we need to pay attention to long-term quality orientation and policy trends.” Tian Lihui, dean of the Financial Development Research Institute at Nankai University, believes that the current pace of A-share IPOs is characterized by phased centralized reporting and policy orientation driving market fluctuations.