New York Stock Exchange and Hong Kong

: In the period, the Shanghai Stock Exchange topped all bourses with $16.7 billion raised, followed by Hong Kong $16.1 billion and New York Stock Exchange $12.8 billion, according to the report, according to Global Times China. With 241 IPOs and $40 billion funds raised during the period, China exchanges accounted for 38 percent of global IPOs by number of deals and 39 percent by capital raised, the report said. From the beginning of this year to June 16, the Shenzhen and Shanghai stock exchanges ranked first and second by number of IPO deals, followed by NASDAQ and the Hong Kong bourse, the report showed. As of June 16, the A-share market witnessed the launch of 190 IPOs and raised $147 billion, a year-on-year increase of 265 percent and 316 percent respectively, the report noted. In comparison, only three Chinese firms got listed in the US in the first half of 2015, a decline of 70 percent year-on-year. The high volume of funds raised was supported by the deal size, with China exchanges witnessing all of the three largest deals in the second quarter - Guotai Junan Securities Co, Huatai Securities Co and GF Securities Co.EY attributed the surge to the speeding-up of IPO review and approval process, interest rates cut and a series of capital market stimulation policies such as the new registration-based system."The Chinese government is actively encouraging technology companies to go public on the A-share market, and the Shanghai Stock Exchange is on track to launch a new 'Board of Strategic Emerging Industries' to attract high-growth companies," Victor Chan, EY Asia Pacific Capital Markets Partner, said during a media briefing on Thursday. (news.financializer.com). As reported in the news.