根据中国证监会发布的创业板统计，截止到今年十月底，中国证监会创业板发行审核委员会共对192家企业的申请进行了审核，其中152家企业获得核准。
数据表明，在这之中共有66家律师事务所参与了创业板市场的发行申请工作。他们仍主要集中在北京、上海、广东三地，其占有率总计达到87%以上。
排行第一的国浩律师集团事务所，以为其中15家企业提供法律服务并赢得市场占有率10%。中伦律所排行第二而金杜则排行第三， 两家律所赢得7.33% 市场占有率。
Top ten advisors for ChiNext listings
|
Ranking
|
Firm
|
No of applications
|
No of approved applications
|
|
1
|
Grandall Legal Group
|
20
|
15
|
|
2
|
Zhong Lun
|
13
|
12
|
|
3
|
King & Wood
|
15
|
11
|
|
4
|
Beijing Tianyin
|
15
|
11
|
|
5
|
Kangda
|
8
|
7
|
|
6
|
AllBright
|
8
|
7
|
|
7
|
Grandfield
|
7
|
7
|
|
8
|
DeHeng (Beijing)
|
6
|
6
|
|
9
|
Jingtian & Gongcheng
|
8
|
6
|
|
10
|
Tian Yuan
|
7
|
5
|
|
Grandall Legal Group has recently topped the charts as lead advisor for ChiNext listings. Having advised 20 companies in their applications for listing (of which 15 successfully received approvals) over the past year, the firm has successfully seized a 10% market share.
Just in the past few months, Grandall has already advised Shanghai Cooltech Power, Shenzhen Changhong Technology and Guangdong Anjubao on their ChiNext IPOs.
Following close behind are Zhong Lun, King & Wood and Beijing Tianyin. All three firms have advised on more than ten successful applications for ChiNext listings. Mostly recently, Zhong Lun advised Shenzhen Sunwin Intelligent on its launch on the board; King & Wood advised Anhui Shengyun Machinery, Beijing Meteno Communications Technology and Nationz Technology on their ChiNext launches earlier this year.
According to Grandall, companies that have listing ambitions have created a new stream of work for capital markets lawyers. As well as less stringent listing criteria compared to the Shenzhen Main Board, ChiNext listings bring about more risk due to the high P/E ratios. The boisterous investor interest has also created the need for a more stringent assessment process. All these necessitates experienced capital markets firms in advise on listing. ALB
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