Hong Kong's IPO market is on fire — here's what's fueling the surge - Echo Global News

Thursday, July 3, 2025

Hong Kong's IPO market is on fire — here's what's fueling the surge



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Investors and businesses' enthusiasm for Hong Kong's equity capital markets is roaring back, as Chinese companies flocked to the city for fundraising, sparking a frenzy in the market that had been forsaken in recent years.

Outsized deals and a state-backed push for companies listed in the mainland exchanges to seek a listing in Hong Kong have thrust capital-raising volume to the strongest first half-year since 2021, according to data from data provider Dealogic.

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