An initial public offering (IPO) or stock launch is a public offering in which shares of a company are sold to institutional investors and usually also to retail (individual) investors. An IPO is typically underwritten by one or more investment banks,who also arrange for the shares to be listed on one or more stock exchanges. Through this process,colloquially known as floating,or going public,a privately held company is transformed into a public company. Initial public offerings can be used to raise new equity capital for companies,to monetize the investments of private shareholders such as company founders or private equity investors,and to enable easy trading of existing holdings or future capital raising by becoming publicly traded.
The Bank of China is a Chinese majority owned commercial bank headquartered in Beijing and one of the largest banks in the world.
Agricultural Bank of China (ABC),also known as AgBank,is one of the "Big Four" banks in China. It was founded on 10 July 1951,and has its headquarters in Dongcheng District,Beijing. It has branches throughout mainland China,Hong Kong,London,Tokyo,New York,Frankfurt,Sydney,Seoul,and Singapore.
China Construction Bank Corporation (CCB) is one of the "big four" banks in China. In 2015,CCB was the 2nd largest bank in the world by market capitalization and 6th largest company in the world. The bank has approximately 13,629 domestic branches. In addition,it maintains overseas branches in London,Barcelona,Frankfurt,Luxembourg,Hong Kong,Johannesburg,New York City,Seoul,Singapore,Tokyo,Melbourne,Kuala Lumpur,Santiago de Chile,Brisbane,Sydney and Auckland. Its total assets reached CN¥8.7 trillion in 2009,and it is considered a systemically important bank by the Financial Stability Board. Its headquarters is in Xicheng District,Beijing.
Ping An Insurance known also as Ping An of China,full name Ping An Insurance (Group) Company of China,Ltd. is a Chinese financial services holding company whose subsidiaries provide insurance,banking,asset management,financial services. The company was founded in 1988 and is headquartered in Shenzhen. "Ping An" literally means "safe and well". It is ranked as China’s 5th largest company.
The Shanghai Stock Exchange is a stock exchange based in the city of Shanghai,China. It is one of the three stock exchanges operating independently in mainland China,the others being the Beijing Stock Exchange and the Shenzhen Stock Exchange. The Shanghai Stock Exchange is the world's third largest stock market by market capitalization. It is also Asia's biggest stock exchange. Unlike the Hong Kong Stock Exchange,the Shanghai Stock Exchange is still not entirely open to foreign investors and often affected by the decisions of the central government,due to capital account controls exercised by the Chinese mainland authorities.
AIA Group Limited,often known as AIA,is a Hong Kong-based multinational insurance and finance corporation. It is the largest publicly listed life insurance group in Asia-Pacific. It offers insurance and financial services,writing life insurance for individuals and businesses,as well as accident and health insurance,and offers retirement planning,and wealth management services,variable contracts,investments and securities.
China Pacific Insurance (Group) Co.,Ltd. (CPIC) known as Pacific Insurance,is a Chinese insurance company. It was established on the basis of the former China Pacific Insurance Corporation,which was founded in 1991 approved by the People's Bank of China. Its headquarters is in Shanghai.
China Renaissance is a Chinese financial institution. Founded by Fan Bao in 2005 as a financial advisory firm,China Renaissance’s core business now consists of investment banking,investment management and wealth management. As of June 30,2020,China Renaissance had advised on approximately 980 transactions worth over USD$146 billion since its inception,and the company’s private equity funds had AUM of approximately RMB39.0 billion in new economy investments.
Oceanwide Holdings Co.,Ltd. is a Chinese publicly traded conglomerate. It was a subsidiary of Tohigh Holding,via intermediate holding companies Oceanwide Group and China Oceanwide Holdings Group.
China COSCO Shipping Corporation Limited,abbreviated as COSCO Shipping,is a Chinese state-owned multinational conglomerate headquartered in Shanghai. The group is focused on marine transportation services. COSCO Shipping was established in January 2016 by the merger of COSCO Group and China Shipping Group.
China Orient Asset Management Co.,Ltd. is a Chinese state-owned enterprise. The company is an asset management company and a merchant bank originated as a bad bank for the Bank of China. The bank received shares from debt-to-equity swap of non-performing loans.
CSC Financial Co.,Ltd. trading as China Securities,is a Chinese investment bank and brokerage firm established by CITIC Securities and China Jianyin Investment in 2005 in a 60–40 ratio,as a successor of bankrupted China Securities Co.,Ltd. (CSC). However,the firm now majority owned by Jianyin Investment's parent company Central Huijin Investment and an asset managing subsidiary of Beijing Municipal People's Government.
Dongxing Securities Co.,Ltd. is a Chinese investment bank and brokerage firm. The firm was a constituent of SSE 50 Index and CSI 100 Index.
Shanghai Tobacco Group Co.,Ltd. is a subsidiary of state-owned China Tobacco. The company produced Chunghwa,Double Happiness,Zhongnanhai and other brands. The company is also a minority shareholder of Bank of Communications,Orient Securities,Haitong Securities and China Pacific Insurance Company via Shanghai Haiyan Investment Management.
SenseTime is a partly state-owned publicly traded artificial intelligence company headquartered in Hong Kong. The company develops technologies including facial recognition,image recognition,object detection,optical character recognition,medical image analysis,video analysis,autonomous driving,and remote sensing. Since 2019,SenseTime has been repeatedly sanctioned by the U.S. government due to allegations that its facial recognition technology has been deployed in the surveillance and internment of the Uyghurs and other ethnic and religious minorities. SenseTime denies the allegations.
The Shanghai Stock Exchange STAR Market,officially known as the Shanghai Stock Exchange Science and Technology Innovation Board,is a Chinese science and technology focused equities market established on July 22,2019.
Huatai Securities (HTSC) is a securities company in China which engages in the operation of large-scale comprehensive securities broking and trading services. The company was founded in 1991 and is headquartered in Nanjing,China.
Zhongtai Securities (ZTSC) is a securities company in China which engages in the operation of large-scale comprehensive securities broking and trading services. The company was founded in 2001 and is headquartered in Jinan,Shandong. It is listed on the Shanghai Stock Exchange and is a member of the SSE 180 Index.
Flat Glass Group is a publicly listed Chinese glass production company headquartered in Jiaxing,Zhejiang.
CN¥15.435 billion (2015)
