Chart of the Day: China’s IPO Queue Gets Longer as Covid Curbs Ease

The number of companies waiting in line to go public on the Chinese mainland’s stock markets has reached around 1,000, as the economy began to pick up steam after Covid restrictions in some of its largest cities were eased.

As of Thursday, a total of 294 companies were waiting to list on the main boards of the Shanghai Stock Exchange and the Shenzhen Stock Exchange, according to data published by the China Securities Regulatory Commission (CSRC).