THE number of Chinese mainland companies which floated shares on global markets last month rose to 34 from 33 in May but the amount of funds raised fell from a month earlier, an industry report said yesterday.

The companies netted a total of US$5.03 billion, a drop of 8 percent from May, Zero2IPO Research Center said in a report. Twenty-eight out of the 34 companies raised US$4.4 billion from the mainland market.

Four companies launched initial public offerings on ChiNext, the mainland's Nasdaq-style market in Shenzhen that aims to finance smaller businesses, to raise US$467 million, and 24 companies were listed on the Shenzhen main board where they raised US$3.95 billion, the report said.

Four companies were listed in Hong Kong, one on Nasdaq and one on New York Stock Exchange in the one-month period.

Eight machine manufacturers were listed globally last month followed by six biotechnology and health care companies and five information technology enterprises.