Mainland companies make up more than half of Hong Kong stock market

A total of 182 enterprises from the Chinese mainland have been listed in Hong Kong by the end of 2013, holding 57 percent of the total market value of Hong Kong shares, an official from the mainland's securities regulator said on Wednesday. The 182 companies had raised 208 billion U.S. dollars as of the end of last year, said Tong Daochi, head of the Department of International Affairs of the China Securities Regulatory Commission. Among them, 158 were listed on the main board and the remaining 24 were listed on the growth enterprise market, or second board, according to Tong. In 2013 alone, eight mainland-based companies conducted their H-share IPOs, raising 11.5 billion U.S. dollars; another 10 mainland-based firms raised 5.9 billion U.S. dollars through refinancing, said the official.