2026 A-Share Placements: 98 Firms Raise RMB 169.286 Billion, 64 Above Issue Price
In 2026, A-share private placements have become notably more active. As of the issue-date count, 98 listed companies completed placements, up 28.95% from 76 in the same period of 2025, raising RMB 169.286 billion. Excluding four banks' capital-replenishment placements in 2025, proceeds rose 54.13% year on year. By the August 13 close, 64 of the 98 companies traded above their placement prices, with the highest gain near 280%, while 34 (about 35%) were below. Electronics and new-energy vehicles led the sectors.
Since the start of 2026, activity in A-share private placements has picked up markedly. Based on issue date, 98 listed companies have completed placements so far this year, up 28.95% from 76 in the same period of 2025. Total proceeds reached RMB 169.286 billion; excluding the impact of four banks' private placements to replenish working capital in the same period of 2025, the year-on-year increase was 54.13%.
As of the close on August 13, among the 98 companies, 64 had latest share prices (adjusted) above their placement prices, with the highest gain approaching 280%; the remaining 34 were below, accounting for about 35%. By sector, the companies that completed placements are concentrated in technology fields such as electronics and new-energy vehicles.