In the first half of 2011, 339 enterprises listed in 13 overseas and three domestic markets.

Of these, 207 companies were Chinese companies, who raised $35 billion in total, accounting for 38.9 percent of the total funds raised, according to data released by Zero2IPO, a leading service provider in the venture capital and private equity industry.

Zero2IPO said 40 of the 207 companies chose overseas stock markets, while 22 listed in the Hong Kong Stock Exchange. Other popular markets included the New York Stock Exchange, Korea Stock Exchange and NASDAQ.

Last year, 491 Chinese companies issued initial public offerings in global markets, with a record $106.88 billion raised.

The Economic Herald quoted Lv Aiwen, a professor at Shandong Economic University, as saying that China is an emerging economy that is developing fast. Many companies are in their early stages and have a strong desire to raise money in capital markets.

Lv added that in the West, family enterprises usually ran businesses well and their cash flows remained steady. Therefore, they were less likely to list due to concerns that their equity would be diluted.