ECONOMY
Financing Champion
The Chinese A-share market raised 311.9 billion yuan ($46.5 billion) via initial public offerings (IPOs) in the first half of the year, up 46 percent from a year ago and topping the global chart for financing scale, according to data from financial information provider Wind.
In terms of funds raised, the Shanghai and Shenzhen stock exchanges ranked first and second respectively across the world during the period, accounting for nearly half of the global total, Wind data showed.
The boom in the A-share market stood in contrast with the global financial market, which has cooled off after hitting new highs in
