(Yicai Global) Nov. 22 -- As of yesterday, some 385 companies had gone public in China this year, marking a new annual high, state-owned news agency Xinhua reported.

The figure has shattered the historical record of 344, set in 2010.

Initial public offerings have raised some CNY194.45 billion (USD29.46 billion) for companies this year to date, surpassing the figure for whole-year 2016.