To The Moon

2022 is not a big year for IPO, but there are still notable IPOs during the whole year.

Below is the top ten IPOs in 2022, according to the amount of funds raised.

1. LG New Energy

LG New Energy is a battery and energy storage business of LG, which was split from LG Chem at the beginning of this year and listed in Seoul, South Korea on January 27th. Since the new energy industry was still hot at the beginning of the year, its independent IPO raised more than 10.7 billion US dollars, and its total market value now exceeds 84 billion US dollars.

2. Porsche

Porsche is Germany$Volkswagen AG(VWAGY)$The company's important brands passed an independent IPO at the beginning of the year, and finally went public in Frankfurt, Germany on September 29th. The IPO price of the company was 84 euros, raising more than 9 billion US dollars, which is also the third largest IPO in the automobile industry since the listing of General Motors in 2010. At present, the total market value is 89.3 billion US dollars.$Porsche Automobile Holding SE(POAHF)$

3. China Mobile

Early 2022$China Mobile Limited(600941)$The listing of China Mobile also brought the largest telecom company in China back to the A-share market. China Mobile raised nearly 56 billion yuan in total, which is the largest IPO of A-shares in recent ten years. It is also the third largest fundraising company in 2022. At present, the total market value exceeds $145 billion.

4. Dubai Water and Electricity Authority

Dubai Hydropower Bureau, located in the United Arab Emirates, is an important public utility company in the United Arab Emirates. It was listed in Abu Dhabi in early April and raised more than 6 billion US dollars. At present, the total market value exceeds 31 billion US dollars.

5. CNOOC

It is called "three barrels of oil" with PetroChina and Sinopec$CNOOC(00883)$It was listed in Shanghai on April 21st, raising more than 4.4 billion US dollars, which is the second time that the company has been listed in Shanghai since it was delisted from New York. At present, the market value of the company exceeds 100 billion US dollars.$Cnooc Limited(600938)$

6. Life Insurance in India

India Life Insurance is a company that provides life, health and property insurance products and services in India, and is one of the largest insurance companies in India. The company went public on the Mumbai Stock Exchange on May 17 and raised more than $2.7 billion. The current market value is $50.5 billion.

7. China is exempt from China

China was exempted from the second listing in Hong Kong on August 25th, and it was also the largest IPO raised by the Hong Kong Stock Exchange during the year, raising more than 2.3 billion US dollars in total. As the degree of liberalization after the epidemic exceeded expectations, China Exemption is expected to continue to benefit from the subsequent consumption recovery tide. The company's current market value exceeds $65 billion.$CTG DUTY-FREE(01880)$

8. Borouge

Borouge, a manufacturer of polyolefins (and derivatives), is a joint venture between Abu Dhabi National Oil Company and Austrian Nordic Chemical Company, which focuses on differentiated high-end applications in the Middle East and Asia-Pacific region. The company was listed in Abu Dhabi on June 3rd, with public fundraising exceeding US $2 billion and current market value exceeding US $20 billion.

9. Americana Restaurant

Americana Restaurant is the largest fast food chain in the Middle East and North Africa. It represents KFC, Pizza Hut, Hardee's, etc. At present, it has more than 1,200 restaurants and more than 40,000 employees. The company went public in the United Arab Emirates on December 12th, raising more than 1.8 billion US dollars, and its total market value now exceeds 6.7 billion US dollars.

10. Tianqi Lithium

In 2018, Tianqi Lithium Industry announced its listing in Hong Kong, but due to changes in the capital market and the sharp drop in lithium mine prices, it finally suspended the issuance of H shares. In July 2022, Tianqi Lithium Industry was successfully listed in Hong Kong and raised HK $13.4 billion, making it the largest IPO of the Hong Kong Stock Exchange in the year, with a current market value of over US $18.2 billion.$TIANQI LITHIUM(09696)$