Hong Kong IPO rebounds, raising over HKD 240 billion this year

Since the beginning of this year, 87 new stock IPOs have been listed on the Hong Kong stock market, raising a total of over HKD 240 billion, ranking first among global exchanges. As of November 11th, a total of 16 A-share listed companies have successfully listed on the Hong Kong stock market this year. Over 80 A-share listed companies have queued up on the Hong Kong Stock Exchange, and several A-share listed companies such as Zhongji Xuchuang have announced their intention to list on the Hong Kong Stock Exchange, but have not yet submitted their applications. Additionally, since the beginning of this year, over 300 companies have submitted their applications to the Hong Kong Stock Exchange, setting a new historical high for the year. Insiders from believe that since the beginning of this year, the scale of IPOs in the Hong Kong stock market has significantly rebounded, and leading companies in various industries in A-shares are expected to queue up for listing in the future. This is expected to further optimize the structure of the Hong Kong stock market and reflect the structural direction of the Chinese economy. High quality companies going public in Hong Kong will also further improve the asset quality and liquidity level of the Hong Kong stock market.