Since the beginning of this year, nearly a hundred companies have completed private placements, raising a total of over 169 billion yuan.

Since the beginning of this year, the A-share market has continued to warm up, and the activity in the private placement market has significantly increased. According to Wind data, as of this year, 98 A-share companies have completed additional issuances, a growth of 28.95% compared to 76 companies in the same period last year; the total amount raised is 169.286 billion yuan. If we exclude the 4 banks from last years same period that conducted private placements to replenish liquidity, the year-on-year growth is 54.13%. As of the close on August 13, 64 companies have share prices exceeding their private placement prices, with the highest increase nearing 280%. The remaining 34 companies have temporarily dropped below their private placement issue prices, accounting for approximately 35%.