BEIJING, Feb. 2 (Xinhua) -- The Shenzhen Stock Exchange (SSE), China's main bourse for listing small and medium-sized firms, reported robust deals of seasoned equity offerings last year.
The bourse saw 106 such deals in 2019, raising about 116.2 billion yuan (about 16.75 billion U.S. dollars), data from the bourse showed.
The capital raised by means such as convertible bond issuance, private placement and rights issue topped that from initial public offerings (IPO) on the SSE, which stood at 64.6 billion yuan last year.
Issuance of convertible bonds became the most popular post-IPO financing choice, registering record highs in issuance volume and size.
The robust refinancing market was partly a result of enhanced administration efficiency, with the average days for approval down notably.
