Zhongshan’s multi-level capital market has made further development in the first half of this year, according to Zhongshan Financial Bureau.

Another Zhongshan company made its debut in Hong Kong Exchanges, making the total number of listed companies in Zhongshan 32. Meanwhile, Shengping Media, Qihui Education and Ascendas Genomics debuted on NEEQ, after which Zhongshan has 70 NEEQ-listed firms in total. 

Besides, the IPO of Guangdong Topstrong Living Innovation & Integration Co Ltd has been approved. The company is expected to debut on A-share market in Q3. Another five companies have made public pre-announcement at CSRC.

Local enterprises also keep expanding their financing channels. In the first six months, Zhongshan enterprises raised 5.543bn yuan through direct financing, the total amount of which has reached 71.392bn yuan.