Hong Kong, Mainland issuers led global IPO activity with 110 deals

This accounts for 38% of total deals globally and valued at US$18.3 billion.

According to Ernst & Young, 52% of global fund raised came from Mainland China's and Hong Kong's issuers.

The second largest IPO in Asia (and the fifth largest globally) was the US$1.4 billion Shanghai listing of clean energy company, Sinovel Wnd Group, maker of wind turbines.

While the US exchanges began closing the gap on Chinese IPO dominance (32%), the Greter Chinese exchanges raised more than a third of total capital raised (37%) globally.