Chart of the Day: Chinese Bourses Top IPO League Tables

The Shanghai and Shenzhen stock exchanges are set to rank first and second among global bourses by IPO fundraising in 2022, with Hong Kong close behind, after a year of extreme volatility and risk-off sentiment in equity capital markets, according to a recent report.

By the end of December, the Shanghai Stock Exchange and the Shenzhen Stock Exchange will top the table with $54.4 billion and $31.5 billion raised, respectively, via more than 150 IPOs apiece, according to a report by consultancy Deloitte China earlier this month. The Hong Kong Stock Exchange will place fourth with $13.1 billion raised in 82 IPOs.