National Bureau of Statistics: By 2025, the total financing of A-shares on the Shanghai and Shenzhen stock exchanges reached 1.2583 trillion yuan, an increase of 833.2 billion yuan from the previous year.

The National Bureau of Statistics of China has released the "National Economic and Social Development Statistical Bulletin of the People's Republic of China 2025". Throughout the year, the total fundraising of A-shares on the Shanghai and Shenzhen Stock Exchanges reached 1.2583 trillion yuan, an increase of 833.2 billion yuan compared to the previous year. There were 90 companies listed for the first time on the Shanghai and Shenzhen Stock Exchanges, raising 124.2 billion yuan, an increase of 62 billion yuan compared to the previous year, including 19 companies listed on the Science and Technology Innovation Board raising 38.1 billion yuan. A total of 1.1341 trillion yuan was raised through refinancing of A-shares on the Shanghai and Shenzhen Stock Exchanges, an increase of 771.2 billion yuan. The Beijing Stock Exchange publicly issued shares for 26 companies, raising 7.6 billion yuan, with an additional 400 million yuan raised through refinancing. Throughout the year, various entities raised a total of 16.3 trillion yuan through bond issuance on the Shanghai and Shenzhen Stock Exchanges. A total of 20 real estate investment trusts in the infrastructure sector were listed on the Shanghai and Shenzhen Stock Exchanges, raising a total of 40.2 billion yuan. At the end of the year, there were 5960 companies listed on the national small and medium-sized enterprises share transfer system, with a total fundraising of 7.4 billion yuan for the year.