Hong Kong is currently processing over 210 new listing applications, Secretary for Financial Services and the Treasury Christopher Hui Ching-yu said, highlighting the city’s leading position in the global market and strong appeal to international investors.
Hui noted that Hong Kong recorded 53 initial public offerings in the first seven months of this year, raising about HK$127 billion – a six-fold increase compared to the same period last year.
This figure has already surpassed the each annual fundraising amounts of the past three years.
Globally, the IPO market saw only a 10 percent rise in funds raised in the first half of the year, while the number of deals fell by 5 percent.
Hui emphasized that Hong Kong’s market is "leading the pack globally," attracting keen interest from international investors.
Among the IPOs in the first half, four raised over HK$5 billion each, while seven were dual "A+H" listings (mainland China A-shares and Hong Kong H-shares), collectively raising around HK$77 billion.
This demonstrates Hong Kong’s breadth and depth in supporting large-scale listings and its role as a critical bridge between mainland China and global capital markets, Hui said.
STAFF REPORTER