Hong Kong’s IPO fundraising has exceeded HK$76 billion so far this year, a sevenfold increase year-on-year and nearly 90% of 2024’s total, according to Financial Secretary Paul Chan.
Writing in his blog, Chan highlighted Hong Kong’s role as a “super-connector” between China and global markets, especially amid external uncertainties.
Two major financial forums held last week boosted market activity, attracting foreign investors looking to expand their presence in Asia.
The city also hosted the world’s largest IPO of the year.
Additionally, the Hong Kong Investment Corporation’s inaugural International Forum for Patient Capital helped tech companies connect with long-term investors.
Following the May 23 enactment of a company re-domiciliation ordinance, a major global insurer announced plans to relocate its registration to Hong Kong.
Chan said recent market performance and growing international business interest reflect investor confidence in the city.
