Hong Kong’s IPO haul in first 9 months smashes record despite Nasdaq’s fundraising lead
A growing pipeline and potential megadeals bolster hopes of a record IPO year for the Hong Kong stock exchange, industry players say
A total of 112 companies raised US$48.4 billion on Hong Kong’s main board during the first nine months, according to data released by LSEG Data & Analytics on Wednesday. A further two companies listed on the city’s Growth Enterprise Market (GEM).
By deal count, the combined total of 114 new listings on the main board and GEM rose 72 per cent year on year, marking the busiest nine-month period since 2018.
